MILPITAS, CA ─ Global silicon wafer shipments are projected to increase 4.8% year-over-year in 2022 to a record high of nearly 14,700 millions of square inches (MSI), SEMI reported in its annual silicon shipment forecast for the semiconductor industry. 

PATHUMTANI, THAILAND — SVI Public Company announced that revenues for the company's third quarter were THB 7.01 billion (US $187 million), up 58.9% from the third quarter of 2021.

The EMS provider said year-to-date revenues were up 59.6% from last year, with the company seeing THB 18.7 billion (US $500 million) so far this year compared to THB 11.7 billion (US $313 million) at this point in 2021.

WESTLAKE, OH — Nordson has announced that it has completed its acquisition of CyberOptics, a developer and manufacturer of high-precision 3D optical sensing technology solutions. The completion of the deal follows the company's announcement this August that it had entered into an agreement to acquire the business.

In a press release announcing the completion of the transaction, Nordson said the acquisition enhances the company's test and inspection platform, providing differentiated technology that expands its product offering in the semiconductor and electronics industries.

ST. PETERSBURG, FL — Kenny Wilson has been named as Jabil's next Chief Executive Officer, and will continue to work closely with Mark Mondello, Jabil's current Chairman and CEO, before assuming the role of CEO on May 1, 2023.

Mondello, a Jabil employee for more than 30 years, will continue to serve as Executive Chairman following the effective date of Wilson’s appointment.

WASHINGTON, DC -- The Printed Circuit Board Association of America has named David Schild as the association’s first executive director.

PEACHTREE CITY, GA – CIRCUITS ASSEMBLY today announced the winners of its 2022 Service Excellence Awards (SEAs) for electronics manufacturing services (EMS) providers and electronics assembly equipment, materials and software suppliers. CIRCUITS ASSEMBLY recognized companies that received the highest customer service ratings, as judged by their own customers, during a ceremony at the SMTA International trade show in Minneapolis.

KUALA LUMPUR — NationGate has received approval from Bursa Malaysia Securities to list on the ACE Market.

The approval for the listing is a significant milestone in the company's journey to becoming a listed entity, Managing Director Ooi Eng Leong said in a statement.

SPOKANE VALLEY, WA — Key Tronic Corporation reported total revenue of $137.3 million for the first quarter of its fiscal year, up 9% from the previous quarter and up 3% from the $132.8 million in revenue in the same period of fiscal year 2022.

NEEDHAM, MA – Worldwide smartphone shipments declined 9.7% year over year to 301.9 million units in the third quarter, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

NEEDHAM, MA – Worldwide tablet shipments were down 8.8% year over year in the third quarter of 2022, totaling 38.6 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.

This was the fifth straight quarter of decline for the tablet market. Chromebook shipments also struggled in the quarter, falling to 4.3 million units and a year-over-year decline of 34.4%. Both markets have now shifted from supply constrained industries to ones that are demand challenged as consumer and education spending has slowed in the face of economic uncertainties.

ATLANTA — A steep drop in sales sentiment for semiconductors dragged the overall component sentiment index down by 6.7 points to 75.6 in the ECIA's October Electronic Component Sales Trend survey. Despite modest improvements in the Electro-Mechanical and Passive Component Indices, the index for semiconductors collapsed from 96.4 in September to 69.2 in October.

SAN FRANCISCO — Bright Machines has announced that it has raised $132M to accelerate the company's growth and aid the development of new software and service offerings to add to its existing portfolio of projects. The $132 million in funds includes $100 million in Series B equity funding led by Eclipse Ventures and $32 million in debt led by Silicon Valley Bank and Hercules Capital. This round of funding brings the total raised by Bright Machines to $330M since the company’s founding in 2018.