ELK GROVE VILLAGE, IL — SigmaTron International reported revenues of $108.7 million in the second quarter of fiscal year 2023, an 8% growth from the $100.2 million in revenues for the same quarter last year.

BEIJING — Foxconn Technology Group has invested $500 million in its Indian subsidiary, as the world's largest Apple contractor makes moves to diversify its supply chain after China’s stringent pandemic controls disrupted production at its top iPhone plant in Zhengzhou.

BANNOCKBURN, IL — Eighty percent of electronics manufacturers are experiencing rising material costs, while 77% indicate that labor costs are on the rise, according to the IPC's November Sentiment of the Global Electronics Manufacturing Supply Chain report. At the same time, ease of recruitment, profit margins, and inventory from suppliers are presently declining.

BENGALURU — Foxconn's founder-director Terry Gou warned China that the government's zero-COVID stance would threaten the position China's economy in the global supply chain, which played a major role in convincing the country's leadership to reopen the economy and move away from its zero-tolerance COVID-19 policy, the Wall Street Journal reported.

BILLINGSTAD, NORWAY — With strong demand and easing supply restraints, Kitron has raised its full-year 2022 revenue outlook to NOK 6.45-6.55 billion (US $645-655 million). Operating profit is expected to be between NOK 440-470 million ($44-47 million).

FOND DU LAC, WI — Parts cleaning system manufacturer Alliance Manufacturing has announced the acquisition of TDC (Technical Devices Company), a manufacturer of cleaning equipment for the electronics and printed circuit board industries based in Torrance, CA.

WASHINGTON — The Semiconductor Industry Association announced global semiconductor industry sales were $46.9 billion during the month of October 2022, a slight decrease of 0.3% compared to the September 2022 total of $47.0 billion and down 4.6% compared to the October 2021 total of $49.1 billion.

We’ve all awakened to the fact that our environment is watching us.

It happens in the home, where we are surrounded by Rings and Nests and Alexas, tracking our movements (slow), our room temperatures (cold), our conversations (yikes!).

FONTENAY-AUX-ROSES, FRANCE — ICAPE Group, a global technology distributor of printed circuit boards, announced Monday that it has acquired 100% of the shares in the Sweden-based MMAB Group.

PEACHTREE CITY, GA — The Printed Circuit Engineering Association (PCEA) seeks abstracts for its annual PCB West technical conference coming in 2023.

STOCKHOLM — NOTE has signed an agreement to expand its plant in Norrtälje, Sweden by around 1,100 sq. m. to increase the facility's capacity and efficiency of its production.

WASHINGTON — The Semiconductor Industry Association (SIA) and the Boston Consulting Group (BCG) have released a report finding continued US leadership in semiconductor design – the critical and high-value-add mapping of a chip’s intricate circuitry – is essential to America’s sustained leadership in semiconductors and the many technologies they enable. The report, titled “The Growing Challenge of Semiconductor Design Leadership,” identifies three key challenges facing the US chip design sector and highlights opportunities to strengthen America’s position as a global semiconductor innovation and workforce leader.