News
SAN FRANCISCO – Tempo Automation has laid off 62 of its employees, leaving only seven employees on its payroll in an effort to reduce overhead and keep the company operational, according to an SEC filing from Monday.
WASHINGTON – The Semiconductor Industry Association has called on the US government to refrain from any more restrictions on chip sales to China, saying additional measures against the country could disrupt supply chains and prompt continued retaliation from China.
NORTHVALE, NJ – ADM Tronics announced revenue of $3.68 million for its fiscal year, an increase of 15% from the previous year's total of $3.2 million.
STOCKHOLM – Note reported sales of SEK1.1 billion ($107.6 million) for the first quarter, an increase of 20% compared to last year's first quarter.
FORT WORTH, TX – S&B Industries, a subsidiary of Foxconn located in Fort Worth, TX, is laying off 115 employees beginning on July 21, according to a Worker Adjustment and Retraining Notification Act notice.
BERLIN – Otis Worldwide has opened a new €8 million ($9 million) PCB production facility dedicated to advanced and complex PCB designs, as well as rapid prototyping and industrialization.
