FORT LAUDERDALE, FL – Element Solutions reported electronics net sales increased 1% to $269 million. Organic net sales decreased 2%.
FORT LAUDERDALE, FL – Element Solutions announced the retirement of Scot R. Benson from his current role as president and COO, effective June 15. Benson will continue to serve as a member of the board.
CHICAGO -- Contract electronics manufacturing facilities in China are back to operating at 90% or more of planned capacity, but remain challenged by new approaches to coordinating personnel amid social distancing requirements.
MORRISVILLE, PA – Mitsubishi Chemical America has entered into a definitive agreement to acquire all issued and outstanding shares of Gelest Intermediate Holdings. Completion of the transaction is expected in 2020, pending customary regulatory review and approval.
FRAMINGHAM, MA – The ongoing Covid-19 pandemic furthered the decline of the worldwide tablet market as global shipments fell to 24.6 million units, down 19.6% year-over-year during the first quarter, according to International Data Corp.
SINGAPORE – Kulicke and Soffa Industries reported fiscal second quarter revenue of $150.7 million, up 30% year-over-year and 4.4% sequentially.