MILPITAS, CA – The current global semiconductor manufacturing industry contraction is expected to moderate in the second quarter and give way to a gradual recovery starting in the third quarter, SEMI announced in the latest publication of the Semiconductor Manufacturing Monitor Report.

CHICAGO – EMS M&A activity saw a slight year-over-year increase in the first quarter, with 10 transactions recorded in Lincoln International's latest industry report.

HONG KONG – VTech saw fiscal year revenue of $2.24 billion, a 5.4% decrease from $2.37 billion in the previous financial year.

SAN FRANCISCO, CA – Tempo Automation saw $2.8 million in revenue for the first quarter, a decrease of 39% compared to the revenue of $3.9 million in the first quarter of 2022.