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MILPITAS, CA – With sequential IC sales declines beginning to moderate, the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin to recover in 2024, SEMI and TechInsights reported in the Semiconductor Manufacturing Monitor.

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VEJLE, DENMARK – GPV reported record second-quarter revenue of DKK2.7 billion ($396.3 million) and revenue of DKK 5.4 billion ($792.6 million) for the first half of the year – an increase of 151% compared to the first half of 2022.

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TEMPE, AZ – Amtech Systems reported $30.7 million in revenue for the third quarter of its fiscal year, a 54% increase from the same quarter last year.

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MINNEAPOLIS, MN – Nortech Systems announced second-quarter revenue of $35 million, up 7.7% from the prior-year period.

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PATHUMTANI, THAILAND – SVI Public Co. reported second-quarter revenue of THB5.7 billion ($162.7 million), a decrease of 5% from the THB6 billion ($172 million) in revenue for the same quarter last year.

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PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today announced it has closed the acquisition of the assets of PCBDesign-Edu, Inc., (dba PCE-EDU, Inc.), including its industry-leading printed circuit designer training and certification program. The deal extends PCEA’s position as the leading association for training printed circuit engineers worldwide.

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