PASADENA, CA – Excluding memory devices, 85% of semiconductor pricing dimensions will be stable and the remainder will move squarely in favor of buyers for the second half of 2023, according to Supplyframe's latest Commodity IQ insights. The report also indicates that extended lead times for semiconductors, including programmable logic devices and passive components like automotive-specific resistors, will continue into the second half of the year.

WESTLAKE, OH – Nordson Corporation announced sales of $610 million in the first quarter of its fiscal year, a small increase from last year's first quarter sales of $609 million.

CHICAGO – Despite economic pressures, the EMS industry demonstrated increased deal activity and resilience during the fourth quarter of 2022, and the year as a whole saw one fewer transaction than in 2021, according to data gathered by Lincoln International. 

TAIPEI – Foxconn has signed a $62.5 million lease with Saigon-Bac Giang Industrial Park Corp in Vietnam to build a new manufacturing facility.

FONTENAY-AUX-ROSES, FRANCE – Icape Group has announced the acquisition of Fimor Electronics, a French manufacturer of human-machine interface solutions and distributor of custom-made technical parts.

PATHUMTANI, THAILAND – SVI Public Co. reported quarterly revenue of $200 million in the fourth quarter and annual revenue of $741 million, an increase of 48.8% from the previous year. Both amounts were historical highs for the company.

SANTA ANA, CA – Ducommun announced fourth quarter revenue of $120 million for its Electronic Systems segment, an increase of 13.2% from the previous year's fourth quarter.

FONTENAY-AUX-ROSES, FRANCE – Icape Group reported annual revenue of €219.6 million ($234.9 million), an increase of 34% compared to 2021.

BILLINGSTAD, NORWAY – Kitron reported record revenue of NOK1.8 billion ($177.3 million), compared to the NOK949 million ($92.8 million) for the same quarter last year.

TAIPEI – Lorom Holding Company, a manufacturing solutions provider focusing on specialized cable manufacturing and assembly, has announced the acquisition of Segue Manufacturing Services. Terms of the acquisition were not disclosed.

AUSTIN, TX – Austin American Technology (AAT) and Aqua Klean Systems (AKS) will merge, making the combined firm the world’s largest electronics cleaning equipment manufacturer, the companies said in a joint statement. 

CHENNAI, INDIA – Finland's Salcomp, a supplier to Apple, plans to double its workforce in India to 25,000 over the next three years, targeting annual revenue in the country of at least $2 billion to $3 billion by 2025, a top company executive said this week.