TORONTO -- Wounded by steadily declining sales, SMTC today announced it would close its factory in Suzhou as part of a larger reorganization aimed at cutting costs across the company.

SAN DIEGO -- Qualcomm has filed a lawsuit in US District Court accusing four major ODMs of failing to pay royalties on chips the company sold to Apple.

LOUISVILLE, KY – Sypris Electronics reported first quarter revenue of $5.4 million, down 40.7% year-over-year, reflecting the impact of the sale of the CSS business. Revenue increased 34% sequentially.

STAMFORD, CT – Worldwide semiconductor revenue totaled $343.5 billion in 2016, up 2.6% year-over-year, says Gartner.