BRONSCHHOFEN, SWITZERLAND – Cicor Group announced 26.2% year-on-year sales growth for the first half of the year, reaching CHF199.2 million ($230.4 million) compared to CHF157.7 million (182.4 million) in the first half of last year.

MILPITAS, CA – Worldwide silicon wafer shipments increased 2% quarter-over-quarter to 3,331 million square inches in the second quarter of 2023, down 10.1% from the 3,704 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry.

WASHINGTON – The United States faces a significant shortage of technicians, computer scientists and engineers, with a projected shortfall of 67,000 of these workers in the semiconductor industry by 2030 and a gap of 1.4 million such workers throughout the broader US economy, according to a study released by the Semiconductor Industry Association in partnership with Oxford Economics.

WESTWOOD, MA – Chase Corporation, a manufacturer of industrial coatings and tapes, has entered into a definitive agreement to be acquired by an affiliate of investment funds managed by investment firm KKR for an all-cash transaction of around $1.3 billion.

ELK GROVE VILLAGE, IL – SigmaTron announced revenue of $414.4 million in continuing operations for its fiscal year, an increase of 10% from the $378.3 million in revenue for the previous year.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association today announced registration for the technical program and exhibition for PCB West 2023 is ahead of last year’s pace.

TAIPEI – Analog Devices and Foxconn have partnered to work toward the development of the next-generation digital car cockpit and a high-performance battery management system (BMS).

LAWRENCEVILLE, GA – Encompass Supply Chain Solutions, a distributer of OEM parts for home products including residential appliances, HVAC, consumer electronics and related products, has opened a new service warehouse outside Atlanta.

SAN FRANCISCO – Tempo Automation has laid off 62 of its employees, leaving only seven employees on its payroll in an effort to reduce overhead and keep the company operational, according to an SEC filing from Monday.

WASHINGTON – The Semiconductor Industry Association has called on the US government to refrain from any more restrictions on chip sales to China, saying additional measures against the country could disrupt supply chains and prompt continued retaliation from China. 

NORTHVALE, NJ – ADM Tronics announced revenue of $3.68 million for its fiscal year, an increase of 15% from the previous year's total of $3.2 million.

STOCKHOLM – Note reported sales of SEK1.1 billion ($107.6 million) for the first quarter, an increase of 20% compared to last year's first quarter.