SAN CLEMENTE, CA --XLR8 EMS announced today that it has received a significant equity investment from American Pacific Group, a $1.2 billion private equity fund.
WASHINGTON, DC -- The National Institute of Standards and Technology (NIST) today released a paper outlining its vision and strategy for a National Semiconductor Technology Center (NSTC), a key component of the research and development program established by President Biden’s CHIPS and Science Act.
PEACHTREE CITY, GA – APRIL 25, 2023 – Presentations on designing for ESD robustness, printed circuit board cost drivers, and preventing common errors caught by fabrication are among the free seminars at PCB East in May, the Printed Circuit Engineering Association announced today.
OULU, FINLAND – Scanfil has been chosen by Grandcentrix to manufacture and further develop its Modbus Cloud Connect IoT solution.
SANTA ANA, CA – Interconnect Solutions Company, a provider of electromechanical and interconnect solutions, announced that it has acquired the Santa Ana-based assets of MX Electronics Manufacturing.
STOCKHOLM – Note reported sales of SEK1.051 billion ($101.6 million) for the first quarter, an increase of 28% from the previous quarter.
HELSINKI – Incap has lowered its revenue and operating profit estimates for the year after its largest customer postponed some orders from 2023 to 2024. The company now estimates that this year's revenue and operating profit will be lower than 2022.
STOCKHOLM – Note has added a second plant in Eastern Europe through the acquisition of Bulgarian electronics manufacturer ATM Electronics.
MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment rose to an all-time record of $107.6 billion last year, an increase of 5% from $102.6 billion in sales in 2021, SEMI reported.
OULU, FINLAND – Scanfil has revised its projected 2023 turnover for 2023 to €880–940 million ($968 million to $1.03 billion), up from its previous estimate of €820–890 million ($902-979 million) for the year.
IRVINE, CA – Medical manufacturing company Ocutrx Technologies has announced the acquisition of Spectrum Advanced Manufacturing Technologies, a Colorado-based electronics manufacturing and assembly company.
NEEDHAM, MA – Weak demand, excess inventory, and a worsening macroeconomic climate were all contributing factors for the precipitous drop in shipments of traditional PCs during the first quarter of 2023, according to preliminary results from the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker. Global shipments numbered 56.9 million, marking a contraction of 29% compared to the same quarter in 2022.