REDMOND, WA – Data I/O Corp. reported first quarter net sales of $4.8 million, down 21.3% year-over-year. The year-over-year decline in sales reflects the cyclical downtrend in the industry, reduced demand resulting from international trade and geopolitical issues, and the onset of the Covid-19 pandemic, which negatively impacted automotive and industrial market production.

HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues of $292.9 million, down 3.7% year-over-year.

SANTA ANA, CA – Ducommun reported first quarter Electronic Systems net revenue of $98.1 million, up 16.5% year-over-year.

SCOTTSDALE, AZ – Before the global pandemic took hold in the first quarter, IC Insights was forecasting a 14% increase in the total memory market in 2020. The total memory market in 2020 is now expected to be flat with 2019.