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BUSINESS NEWS
Cadence Design Systems acquired EMA Design Automation, its longtime PCB software distributor, expanding its ECAD presence and bringing EMA’s tools, assets and engineering team in-house.
ASMPT confirmed it has received acquisition interest for its SMT solutions unit.
ECIA’s February Industry Pulse index rose to 139.7, marking nine consecutive months of strong sales optimism across the electronic components supply chain.
Foxconn rejected Microsoft’s patent lawsuit, stating its role as a contract manufacturer means it does not pay software royalties for devices produced for clients.
Worldwide smartphone shipments are forecast to decline 13 percent year-on-year in 2026 to 1.1B units, IDC said.
South Korea warned the Iran conflict could disrupt supplies of semiconductor materials such as helium, raising risks for chip production and AI data center expansion.
Rising AI demand is pushing smaller Asian chipmakers to raise prices as the region prepares for a record $136B in semiconductor capital spending, tightening supply across the market.
Foxconn reported revenue of $41.9B for the first two months of 2026, up 21.6 percent year over year.
Poly Electronics president Matt Kain discussed market conditions and manufacturing strategy in a Q&A.
IEH reported a record order backlog exceeding $23M, up nearly 30 percent as defense program demand rises.
GPV reported 2025 revenue of $1.27B, down 3 percent.
Orbit International reported February bookings exceeding $2.M, including a $1M order.
Panasonic Industry will invest ¥7.5B to add a Megtron circuit board materials production line in Guangzhou.
Mercury Marine expanded its Plant 7 facility in St. Cloud, Florida, adding 25,000ft² and four SMT lines.
Kurtz Ersa expanded into semiconductor and advanced packaging equipment through the integration of ATV Technologies.
Precision Assembly has closed on a $2.5M asset-based lending facility.
AIM Solder promoted Tim O’Neill to vice president of technology.
Milwaukee Tool named Judi Emerson electrical designer II.
Technical Materials Global named Robert Simon technical sales consultant.
Stellantis named Pradheep V printed circuit board designer.
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