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TAIPEI – Orient Semiconductor Electronics plans to grow its EMS business beyond electronics and strengthen its collaboration with Chipbond Technology in 5G, IoT and automotive electronics, according to reports.

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SON, THE NETHERLANDS – Neways Electronics said conversations about a non-binding conditional indicative proposal by VDL to acquire all outstanding shares in Neways’ share capital have ended, following a unanimous conclusion of the board of directors and the supervisory board of Neways.

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BAC GIANG, VIETNAM – A government committee near Hanoi ordered three Foxconn production facilities to close until further notice due to a Covid-19 outbreak, according to reports.

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VANCOUVER, WA – Silicon Forest Electronics is merging with ESAM and Bay Computer Associates through a stock purchase agreement with VergePointe Capital in Lake Oswego, OR.

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BANNOCKBURN, IL – IPC issued a call for technical conference abstracts for IPC Apex Expo 2022. The conference will be held Jan. 25-27 at the San Diego Convention Center.

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LOUISVILLE, KY – Sypris Electronics reported first quarter revenue of $6.8 million, down 21.8% year-over-year.

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