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TAIPEI – Foxconn is restarting production at its main plants in China and cautioned 2020 revenue will be negatively affected by the coronavirus epidemic, according to reports. The firm did not provide an estimate of how much revenue will be hit.

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WESTLAKE, OH – Nordson reported fiscal first quarter sales of $95 million, down 1% year-over-year.

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CHICAGO -- M&A activity in the electronics manufacturing services sector slipped slightly in 2019, falling two to a total of 29.

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EAST LONDON, SOUTH AFRICA – The courts have suspended the liquidation process of Yekani Manufacturing’s R1 billion (US$66.7 million) EMS factory, according to reports.

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MINNEAPOLIS – CyberOptics reported sales of $16.9 million for the fourth quarter, down 6.6% year-over-year and up 36% sequentially.

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FRAMINGHAM, MA – Worldwide spending on information and communications technology is expected to be $4.3 trillion in 2020, an increase of 3.6% over 2019, according to International Data Corp.

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RALEIGH, NC – HZO said significant investments in R&D have resulted in 22 patents and patent-pending filings throughout multiple jurisdictions, including the US, China, and Europe.

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MANILA – Integrated Micro-Electronics reported 2019 revenues down 7% to $1.2 billion. The net loss was $7.8 million in 2019, compared to net profit of $47.2 million in 2018.

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PEORIA, IL – Cyient opened a wire harness lab here. The facility adds capabilities to support customers in harness prototyping by increasing design process speed and iterative development for electrical systems.

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MELBOURNE – Fluidra has acquired Fabtronics for AUD 15 million (US$10 million) to strengthen R&D and integrate electronics design and manufacturing, according to reports.

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SAN DIEGO — IPC presented Committee Leadership, Special Recognition and Distinguished Committee Service Awards at IPC Apex Expo. The awards were presented to individuals who made significant contributions to IPC and the industry by lending their time and expertise through IPC committee service.

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ATLANTA – Prime Technological Services has acquired I Technical Services for an undisclosed sum.

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