WOKING, ENGLAND – TT Electronics announced 2022 revenue of GBP617 million ($735.6 million), a 30% increase from 2021's total.

WASHINGTON – Global semiconductor industry sales totaled $41.3 billion during the month of January 2023, a decrease of 5.2% compared to the December 2022 total of $43.6 billion and 18.5% less than the January 2022 total of $50.7 billion, according to the Semiconductor Industry Association.

NEEDHAM, MA – Global shipments of AR/VR headsets declined 20.9% year over year to 8.8 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.

KARLSTEIN AM MAIN, GERMANY – BMZ Group, a specialist in lithium-ion batteries, announced the acquisition of Visatronic GmbH, a Mainhausen, Germany-based EMS supplier.

OSAKA – SIIX saw fourth quarter sales of JPY75.1 billion ($547.6 million), an increase of 19.1% compared to the same quarter of 2021.

TAIPEI – Foxconn reported that revenue in February fell 11.65% year-on-year due to weakness in smart consumer electronics, but the company stuck to its first quarter outlook.

COPENHAGEN – GPV reported revenue of DKK5.9 billion ($845.3 million) in 2022, exceeding expectations for the year and setting a new revenue record for the company.

FRAMINGHAM, MA – The worldwide hardcopy peripherals market saw overall shipments grow 11.6% year over year to nearly 25.0 million units in the fourth quarter. Shipment value during the quarter increased 14.8% to $11.1 billion, according to the International Data Corporation's Worldwide Quarterly Hardcopy Peripherals Tracker.

NEEDHAM, MA – Desktop and mobile workstation shipments shrank 22.2% in the fourth quarter compared to a year ago as IT device spending slowed amidst economic concerns and fulfillment of backlogged orders, according to the International Data Corporation (IDC) Worldwide Quarterly Workstation Tracker.

TEMPE, AZ – Benchmark Electronics on Friday celebrated the grand opening of its new Precision Technologies facility in Mesa, Arizona. The company plans to invest around $20 million into capabilities and technology at the new facility, in addition to hiring 100 people to support this facility as the company ramps up with customers.

TAIPEI – Global DRAM revenue fell by 32.5% quarter-over-quarter to $12.28 billion, per TrendForce research. The fourth-quarter decline is larger than the QoQ decline of 28.8% for the third quarter and comes close to the QoQ decline of 36% for the final quarter of 2008, when the global economy was in the midst of a major financial crisis.

BANNOCKBURN, IL – Economic data over the last month is providing a mixed view of the economy, according to the IPC’s February Economic Outlook report.