BRONSCHHOFEN, SWITZERLAND – The Cicor Group has completed its acquisition of MADES S.A.U., a Málaga-based electronics manufacturer formerly owned by the Latecoere Group.
MAPLE GROVE, MN – Circuit Check has acquired Solution Sources Programming (SSP), a Silicon Valley-based provider of integrated test and programming solutions. The acquisition builds Circuit Check’s portfolio, combining its fixture design capabilities with SSP’s expertise in Design for Test (DFT), Boundary Scan, In-Circuit Test (ICT) and device programming.
WASHINGTON – The Semiconductor Industry Association (SIA) has reported a strong second quarter for global semiconductor sales, totaling $179.7 billion, up 7.8% from the first quarter. For June alone, sales reached $59.9 billion, reflecting a 1.5% increase from May and a 19.6% year-over-year jump compared to June last year.
ATLANTA -- Sales sentiment among component vendors remains strong in July across all product segments and end-markets, a new survey by ECIA revealed.
Nearly 15 years have passed since Solyndra went out of business, but its specter hangs over the US government to this day as a warning of the risk of federal intrusion in a capitalist world.
Solyndra, of course, represented the US’s attempt to bolster the sustainable energy industry, specifically solar. The intentions were noble: solar was seen as a safe respite from combustible sources like oil and natural gas, which are expensive, nonrenewable and dirty.
But corruption and mismanagement conspired to drain its coffers. The resulting bankruptcy ultimately cost taxpayers more than $500 million in unreimbursed loans.
The financial hit, however, was nothing compared to the surgical job it did on the collective congressional spine. “Strategic investments” became a fool’s term, something you said if you wanted to be primaried.
TEMPE, AZ -- Benchmark Electronics reported second quarter revenue of $642 million, down 3.6% from $666 million in 2024.
MIAMI -- Element Solutions announced second quarter sales at its Electronics unit increased 12% year over year to $439 million.