LYON, FRANCE – The panel level packing (PLP) market is expected to reach $285 million in 2023, a 51% CAGR during the 2017-2023 period, according to Yole Développement.

MILPITAS, CA — North America-based manufacturers of semiconductor equipment posted $2.42 billion in billings worldwide in March on a three-month average basis, says SEMI.

TABY, SWEDEN – Mycronic posted first quarter net sales up 11% year-over-year to $86.7 million.

GLENVIEW, IL – ITW’s test & measurement and electronics unit reported first quarter revenue of $543 million, up 13.1% year-over-year and down 0.4% sequentially. Operating income for the business unit was $127 million.

ORANGE, CA – TopLine has completed its move to a lab and production facility here for manufacturing CCGA solder columns and daisy chain test packages. The facility is eight times larger than the firm’s previous site.

RICHMOND, UK -- Volex is offering a stock-swap deal to acquire MC Electronics, a North-American based manufacturer of custom medical and industrial cables, wire harnesses and electro-mechanical assemblies for medical and industrial applications.

SCOTTSDALE, AZ -- Benchmark Electronics today announced first quarter revenue rose 9% from a year ago to $608 million.

NEENAH, WI -- Plexus today reported revenue of $699 million for its fiscal second quarter ended Mar. 31.

BANNOCKBURN, IL — The 90-day moving average shipments at North American printed circuit board fabricators rose 10.4% year-over-year in March, IPC said today.

NEENAH, WI -- Plexus today announced work will begin in June on a massive new factory in Guadalajara, Mexico.

MINNEAPOLIS -- CyberOptics today reported first quarter sales of $14.1 million, up 18% from a year ago and exceeding the upper end of previously reported guidance.

San Jose — Sanmina today reported second fiscal quarter revenue of $1.68 billion, flat with a year ago and down 3% sequentially.