WASHINGTON, DC – Representatives Blake Moore (R-UT) and Raja Krishnamoorthi (D-IL) last week reintroduced the Protecting Circuit Boards and Substrates Act, a bipartisan effort aimed at rebuilding US capacity for PCBs and IC substrate manufacturing.

SELANGOR, MALAYSIA – Neways has opened a state-of-the-art manufacturing facility in Selangor, strengthening its presence across Asia.

CHENNAI – Syrma SGS Technology reported financial results with revenue reaching $269 million for the fiscal year ended March 31, a 23% year-over-year increase. Net profit for the year came in at $20.1 million.

SANTA CLARA, CA – AMD has entered into a definitive agreement to divest ZT Systems’ US-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock, including a potential $450 million contingent payment.