BRONSCHHOFEN, SWITZERLAND – One Equity Partners has purchased HEB Swiss Investment's shares in EMS firm Cicor Technologies for an undisclosed sum.
EINDHOVEN, THE NETHERLANDS – Neways plans to lay off an additional 100 full-time employees as a result of a reorganization at the end of 2020, according to reports.
VIHN PHUC, VIETNAM – Valuetronics’ new EMS factory in Vietnam will be fully operational in the third quarter. The 550,000 sq. ft. site will house 60 injection molding lines and 30 SMT lines.
WASHINGTON – Global semiconductor sales were $40 billion for January, an increase of 13.2% year-over-year and 1% sequentially, according to the Semiconductor Industry Association.
HONG KONG – ASM Pacific Technology reported fourth quarter SMT Solutions revenue of HK$1.93 billion (US$248.8 million), up 1.4% year-over-year and 10.4% sequentially.
DOWNERS GROVE, IL – Hirose Electric USA named Shinya (Sid) Tono president and COO, effective Apr. 1.