WASHINGTON — Global semiconductor sales were $43.6 billion in May, an increase of 26.2% year-over-year and up 4.1% sequentially, according to the Semiconductor Industry Association.
TAIPEI – Foxconn reported second quarter revenue up 20% year-over-year to NT1.36 trillion (US$48.6 billion).
FREDERICK, MD – ACDi acquired Enhanced Manufacturing Solutions to expand its geographical footprint, increase manufacturing capacity and complement service and product offerings. No financial terms were disclosed.
DONGGUAN, CHINA – ICAPE Group received €125 million (US$148.1 million) in revenues in 2020 and expects 30% growth in 2021.
MONTEREY PARK, CA – Quantic Electronics acquired Union Technology Corp. for an undisclosed sum.
BANNOCKBURN, IL – IPC expects the global economy to expand 6.1% in 2021 and another 4% in 2022, according to a new IPC report from Shawn DuBravac, Ph.D., chief economist.