LAGUNA, PHILIPPINES – Integrated Micro-Electronics (IMI) reported first-quarter consolidated revenues of $199.1 million, down 1.1% year-over-year.

TORONTO -- SMTC swung to a first-quarter profit despite a 14% drop in revenue.

MINNEAPOLIS -- Nortech Systems today reported net sales of $29 million for the first quarter ended Mar. 31, a 9% increase over 2015.

BOXBORO, MA -- A state-of-the-art semiconductor fab can cost up to $15 billion, putting it out of reach by all but the very largest players.

SAN JOSE – Electronics manufacturing services provider Syrma Technology today announced a major expansion of its engineering facilities by bringing online a newly renovated 30,000 sq. ft. manufacturing center in the Special Economic Zone (SEZ) of Chennai, India.

SCHAUMBURG, IL -- Sparton today announced fiscal third quarter sales at its Manufacturing & Design Service segment rose 9.7% to $68.2 million.

HELSINKI -- PKC has signed an agreement to start negotiations on creating a joint venture with an undisclosed company specializing in electronics manufacturing.

WASHINGTON — Worldwide sales of semiconductors reached $26.1 billion in March, an increase of 0.3% sequentially.

BANGKOK -- Fabrinet reported fiscal third-quarter revenue jumped 32% over last year to $250.9 million.

SINGAPORE -- Venture Corp. reported first-quarter revenue rose 3.6% year-on-year to S$630.7 million ($469.9 million).

TAIPEI -- The EMS division of Advanced Semiconductor Engineering reported revenues of NT$24.7 billion ($769 million) for the period ended March 31.

FRAMINGHAM, MA – Vendors shipped a total of 334.9 million smartphones worldwide in the first quarter of 2016, up slightly from the 334.3 million units in the same quarter last year, marking the smallest year-over-year growth on record, says International Data Corp.