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KUALA LUMPUR – VS Industry Bhd returned to profitability in its fiscal first quarter ended Oct. 31, reporting about US$6.6 million in net profit, compared with a year-ago loss of roughly US$7.0 million, a swing of about 192% year over year. Operating profit rose 4% to about $11 million, up from roughly $10.6 million.

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Global semiconductor sales reached $72.7 billion in October, rising 4.7% from September and 27.2% year over year, according to new WSTS data released by the Semiconductor Industry Association. Demand strength in the Americas and Asia Pacific continued to drive the market, with all major regions posting month-to-month growth.

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AUSTIN, TX – TechSearch International’s newest Advanced Packaging Update finds that rapid growth in AI servers and data center hardware will push substrate demand beyond available capacity by 2028, forcing manufacturers to expand production within the next three years. The report highlights rising pressure on substrate materials – especially glass fiber used in core constructions – and evaluates potential alternatives as supply tightens.

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SALEM, NH – Micro-Precision Technologies has acquired Stellar Manufacturing, adding PCB assembly capabilities to its US micro-electronics platform. The deal, which closed in early October, builds on MPT’s partnership with Great River Capital Partners and supports its expansion across defense, aerospace, medical and commercial markets.

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HELSINKI – Incap Corporation has signed an agreement to acquire 100% of Germany’s Lacon Group in a transaction valued at $54.2 million, marking an expansion of the Finnish EMS provider’s presence in Europe and growing its position in fast-growing defense and industrial markets.

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MILPITAS, CA – SEMI reported that global semiconductor equipment billings rose 11% year-over-year to $33.66 billion in the third quarter, with a 2% sequential increase driven by continued investment in leading-edge logic, DRAM and advanced packaging technologies supporting AI workloads.

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