MINNEAPOLIS -- Nortech Systems today reported net sales of $29 million for the fourth quarter ended Dec. 31, down 7.6% from a year ago.
TORONTO – SMTC reported fourth quarter revenue of $39.7 million, down 34.7% year-over-year.
IWATA, JAPAN — Yamaha Motor Co. announces that it has completed construction of the new Hamamatsu IM Base for the IM Business Unit, now located in Toyooka-cho, Kita-ku, Hamamatsu, Shizuoka Prefecture.
THIEF RIVER FALLS, MN – Digi-Key Electronics is reviewing several options for a one million sq. ft. manufacturing and warehouse center, with an investment value of between $200 million and $300 million.
MILPITAS, CA – Fab equipment spending is expected to reach an industry all-time record of more than $46 billion in 2017, according to SEMI.
ALBANY, NY – The global printed circuit board connectors market is expected to grow at a CAGR of 3% from 2017 through 2021, says Technavio.
PUNE, INDIA – The surface mount technology market is expected to reach $5.42 billion by 2022, growing at a CAGR of 8.9% between 2017 and 2022, a new report says.
FARMINGDALE, NY -- Cemtrex today announced the filing of a federal trade libel and tortious interference lawsuit seeking millions in damages from a short seller of its common stock.
LOS ANGELES – Ducommun’s Electronic Systems segment reported net revenue for the fourth quarter of $81.7 million, down 14.5% year-over-year.
WASHINGTON — The 90-day moving average sales of semiconductors worldwide reached $30.6 billion in January, up 13.9% from a year ago.
GRAND JUNCTION, CO -- Jabil Circuit has acquired Lewis Engineering in an asset purchase for an undisclosed price.
SON, THE NETHERLANDS – Neways Electronics today reported revenues of €98.8 million ($104.7 million) in the fourth quarter, up 9.6% year-over-year.