CHENNAI, INDIA – Syrma SGS Technology has incorporated a wholly-owned subsidiary, Syrma Strategic Electronics.

PATHUMTANI, THAILAND – SVI Public Co.'s board of directors has approved the creation of a subsidiary registered in China, with an initial investment of $100,000.

BILLINGSTAD, NORWAY – Kitron expects 2023 revenue between €750 million and €800 million ($815.8 million to $870.1 million), the company said in its latest guidance for the current year and full year 2024.

PEACHTREE CITY, GA – PCEA Training is offering three five-day training classes next year for printed circuit engineers, layout professionals, and other individuals currently serving in the design engineering industry or seeking to get into it.

STOCKHOLM – Note has announced new financial and sustainability targets for the coming years, with a goal to achieve sales of SEK7.5 billion ($716.6 million) by 2027.

TOKYO – Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach $100 billion in 2023, a contraction of 6.1% from the industry record of $107.4 billion posted in 2022, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2023.

BANGKOK – Cal-Comp Electronics reported sales of $414.7 million for November, a decrease of 8.9% from November of 2022.

WASHINGTON – BAE Systems' New Hampshire-based operations will receive a $35 million grant to quadruple its production of a chip used in F-15 and F-35 fighter jets in the first CHIPS Act funds to be distributed by the US Department of Commerce.

ELK GROVE VILLAGE, IL – SigmaTron International reported revenue of $98.7 million in the second quarter of its fiscal year, a decrease of 9% from the same quarter last year.

PEACHTREE CITY, GA – CIRCUITS ASSEMBLY Magazine today announced Green Circuits as its EMS Company of the Year for 2023.

TAIPEI – Foxconn reported November revenue of NT$650 billion ($20.6 billion), an increase of 18% compared to last year.

NEUILLY-PLAISANCE, FRANCE – Asteelflash's board of directors has appointed Nicolas Denis as its new chief executive officer, effective Dec. 1.