MILPITAS, CA — North America-based semiconductor equipment manufacturers posted $3.72 billion in billings worldwide in September, according to SEMI, up 35.5% year-over-year and 1.7% sequentially.
NEGOMBO, SRI LANKA – GPV broke ground on a new manufacturing plant in Sri Lanka, according to reports.
TAIPEI – Contract prices of NAND flash products are expected to undergo a marginal drop of 0-5% sequentially in the fourth quarter as demand slows, according to TrendForce. The current cyclical upturn in NAND flash prices will have lasted only two consecutive quarters.
SINGAPORE — Fifty-eight percent of organizations recently surveyed indicate their immediate focus is on increasing supply chain visibility to help create operational resilience, says IDC. By the end of 2021, 60% of all manufacturing supply chains will have invested in the technology and business processes necessary for resiliency, resulting in productivity improvements of 25%.
ASKER, NORWAY – Kitron reported third quarter revenue of NOK 831 million (US$99.5 million), down 21.2% year-over-year.
STOCKHOLM – Mycronic reported third quarter net sales decreased 8% year-over-year to SEK 986 million (US$114.7 million). Based on constant exchange rates, net sales decreased 9%.
