SENAI, MALAYSIA — VS Industry Berhad reported first quarter sales of MYR 1.29 billion (US $239 million), an increase of 33% from the MYR 968 million ($219 million) in revenue from the first quarter of last year.

WESTLAKE, OH — Nordson Corporation reported fourth quarter sales of $684 million, a 14% increase from last year's fourth quarter sales of $599 million.

ST. PETERSBURG, FL — Jabil reported revenue of $9.64 billion for the first quarter of its fiscal year.

DELHI — Electronic manufacturing services company Elin Electronics is set to open its IPO on Dec. 20, with shares being sold at a price of Rs 234-247 (US $2.83-2.98).

BASINGSTOKE, UK — EC Electronics, a UK EMS provider, has purchased Swan EMS.

STOCKHOLM — Note expects to see SEK 1 billion (US $98 million) in revenue this quarter, which would mark the first time the company has met that amount in a single quarter.

TAIPEI — Amid geopolitical tensions between China and the US, more original design manufacturers will be shifting their production operations away from mainland China, according to a report from TrendForce.

HONG KONG — Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the UK, has announced the acquisition of all assets of Pycom Ltd.

BILLINGSTAD, NORWAY — Kitron reported that it expects to see revenues of NOK 6.7-7.3 billion (US $686-$748 million) in 2023, based on strong current demands.

TOKYO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $108.5 billion in 2022, rising 5.9% from the previous industry record of $102.5 billion in 2021, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2022.

MILPITAS, CA — The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report. The projected growth in global factory count includes a record high 33 new semiconductor manufacturing facilities starting construction this year and 28 more in 2023.

GAITHERSBURG, MARYLAND — Patton, a US manufacturer and designer of technology products, has announced that its onshore manufacturing service is now available to customers in communications, robotics, aerospace, healthcare, defense, power and security sectors.