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AUSTIN, TX – The fan-out wafer level package (FO-WLP) market is projected to grow 15.5% in units from 2020 to 2024, according to TechSearch International.

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WAYNESBORO, VA – EMS firm Virtex said it is creating 40 to 50 new manufacturing jobs here, according to reports.

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SUNNYVALE, CA – Covalent Metrology acquired Riga Analytical Lab for an undisclosed sum, effective immediately.

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OLDENBURG, GERMANY – Straschu plans to close its contract assembly plant here at the end of November, according to local news media.

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FRAMINGHAM, MA – The worldwide smartphone market is forecast to decline 9.5% year-over-year in 2020, with shipments totaling 1.2 billion units, according to International Data Corp.

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SON, THE NETHERLANDS – Neways Electronics reported net revenue of €243 million (US$289.1 million) for the first half of 2020, down 8.1% year-over-year.

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