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BUSINESS NEWS
The Covid-19 pandemic in India has raised alarms as handset and PC suppliers have seen orders slowing and Taiwanese IC design houses are bracing for disappointing sales in the second quarter.
IEC Electronics opened its state-of-the-art 150,000 sq. ft. manufacturing facility at the Silver Hill Technology Park in Newark, NJ, and gave an update on another plant in Rochester, NY.
A new two-hour webinar can help printed circuit board buyers save up to 25%.
HP signed an agreement to sell Foxconn its laser printer manufacturing subsidiary in China, according to reports.
Production of the Apple iPhone 12 at a Foxconn factory in India has slumped by more than 50% because workers infected with Covid-19 have had to leave their posts.
Apple on Monday announced an award of $45 million from its Advanced Manufacturing Fund to Corning to expand glass manufacturing capacity in the US and drive research and development into new technologies.
Taiwan's exports of electronics products surged in the first quarter, rising 24.5% year-over-year in March.
Chicony Electronics, a maker of keyboard and compact camera modules, has begun production at a new plant in Thailand, with capacity to increase from 60% of the designed level currently to 100% by year-end 2021.
ViTrox’s first quarter revenue and core profit rose 44% and 46% year-over-year, respectively, resulting in the company recording its highest ever first-quarter sales.
Eurocircuits will invest €7 million in its printed circuit board factories in Germany and Hungary as it celebrates its 30th anniversary this month.
Lenthor Engineering purchased an ESI Geode CO2 microvia drilling system.
The projected recovery of the electronics industry, the single largest export of the Philippines, is at risk due as production capacity has been affected due to shortage of semiconductor wafers, according to the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI).
Enics confirmed plans to transfer manufacturing from its electronics manufacturing plant in Switzerland to other factories in Europe, a move that will affect up to 110 workers.
Viscom reported first quarter revenue was €15.7 million (US$19.1 million), flat year-over-year.
Rehm Thermal Systems named as distributors Accelonix in the United Kingdom and Ireland and Ankatek in Turkey.
Sunrise Electronics installed an ATG A7 flying probe tester.
Tekmar Control Systems installed an Austin American Technology X-30 stencil cleaner.
PVA promoted Jaime Erickson to director of operations.
Insulectro promoted Michelle Walsh to vice president of product management.
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