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KUALA LUMPUR – Malaysian EMS company NationGate Holdings has announced the acquisition of Pengang-based Hesechan Industries for RM25 million ($5.2 million).

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STOCKHOLM – Mycronic announced sales of SEK5.7 billion ($543.7 million) in 2023, an increase of 11% from the previous year.

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SAN JOSE, CA – EMS company Epoch International has announced the relocation of its US headquarters to a new larger facility here.

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MILPITAS, CA — Worldwide silicon wafer shipments in 2023 decreased 14.3% to 12,602 million square inches while wafer revenue contracted 10.9% to $12.3 billion over the same period, the SEMI Silicon Manufacturers Group (SMG) reported in its year-end analysis of the silicon wafer industry.

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SPOKANE VALLEY, WA – Key Tronic reported revenue of $145.4 million for the second quarter of its fiscal year, up 18% from the same period of fiscal year 2023.

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NEEDHAM, MA – Worldwide tablet shipments declined 17.4% year over year in the fourth quarter, totaling 36.8 million units, according to preliminary data from the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker.

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BANGKOK – Fabrinet's revenue of $712.7 million in the second quarter of its fiscal year marked a 7% year-over-year increase.

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PATHUMTANI, THAILAND – SVI Public Co. reported THB22.7 billion ($655.3 million) in revenue for 2023, a decrease of 12.4% from the previous year.

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TAIPEI – Foxconn announced January revenue of NT522.1 billion ($16.66 billion), down 20.9% year-over-year but up 13.5% compared to December's total.

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PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) will sponsor a pair of one-hour webinars over the next month on two topics of high interest to electronics design, fabrication and assembly professionals: artificial intelligence and thermal management. 

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WASHINGTON – Global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, which was the industry’s highest-ever annual total, according to the Semiconductor Industry Association.

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HYDERABAD, INDIA – Apollo Microsystems reported a 10.9% year-over-year growth in revenue for the third quarter of its fiscal year, totaling Rs91.3 crore ($11 million).

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