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WASHINGTON – Citing the vital need for a secure US industrial base, US Senators Mike Crapo (R-ID) and Mark Warner (D-VA) have introduced bipartisan legislation to guard against attempts by the People’s Republic of China and others to undermine US national security by exploiting and penetrating US supply chains.

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TAIPEI – ASE Technology Holding reported second quarter unaudited net revenues of NT$90.7 billion (US$3 billion), up 7% year-over-year and 2% sequentially.

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RICHMOND, UK – Cable assembly maker Volex has acquired EMS firm Servatron for up to $28.5 million in cash and shares, including assumption of $6.7 million in net debt.

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MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.01 billion in billings worldwide in June, down 19% year-over-year and 2.5% sequentially, according to SEMI.

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BURNABY, BC, CANADA – An undisclosed stake in Creation Technologies has been sold by one private equity firm to another.

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SAN JOSE – Sanmina reported fiscal third quarter revenue of $2 billion, up 11.8% year-over-year and down 4.7% sequentially.

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