BRONSCHHOFEN, SWITZERLAND – Cicor Group has successfully closed the acquisition of 100% of the shares of the UK-based STS Defence announced in October 2023.

DALLAS, TX – StenTech has announced the expansion of its parts division in the US and Canada, broadening its range of offerings to customers.

LETCHWORTH GARDEN CITY, UK – DSL - Electronic Manufacture has established an in-house PCB assembly service to bring design and manufacturing under the same roof.

TAIPEI – The persistence of a rally in memory prices during 2024 will largely depend on suppliers' ongoing and effective control over their capacity utilization rates, TrendForce reported in its latest analysis.

STAMFORD, CT – Worldwide semiconductor revenue in 2023 totaled $533 billion, a decrease of 11.1% from 2022, according to preliminary results by Gartner.

STAMFORD, CT – Worldwide IT spending is expected to total $5 trillion in 2024, an increase of 6.8% from 2023, Gartner forecast in its most recent report.

STAMFORD, CT – Worldwide PC shipments reached 241.8 million units in 2023, a 14.8% decrease from 2022, according to preliminary results by Gartner.

NEEDHAM, MA – Global smartphone shipments declined 3.2% year over year to 1.17 billion units in 2023, according to the International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker.

NOIDA, INDIA – Dixon Technologies has announced a search of one of its subsidiary's manufacturing facilities here by India's Directorate of Revenue Intelligence.

KARLSTAD, SWEDEN – Swedish EMS provider Inission has expanded its presence in southern Norway with the acquisition of AXXE.

SON, NETHERLANDS – Neways has announced the acquisition of Sencio, a microsystems company based in Nijmegen, Netherlands, that specializes in advanced packaging for smart sensing and actuation applications.

LINZ, AUSTRIA – Kontron has agreed to acquire around 60% of the shares in Katek in a bid to expand its portfolio of green energy solutions and the aerospace segment.