CHENNAI, INDIA – Syrma SGS Technology has announced the incorporation of a new wholly owned subsidiary, Syrma Mobility Private Limited.

WALTHAM, MA – Nano Dimension reported preliminary revenue of approximately $14.3 million for the fourth quarter, an increase of 18% from the fourth quarter of 2022.

GURGAON, INDIA – Indian EMS provider Amber Enterprises, through its subsidiary Iljin Electronics, has acquired a 60% stake in PCB maker Ascent Circuits for an undisclosed sum.

SZEGED, HUNGARY – BYD, the world's largest electronic vehicle manufacturer, will build an assembly plant here, its first production facility for EVs in Europe.

MILPITAS, CA — Global semiconductor capacity is expected to increase 6.4% in 2024 to top the 30 million wafers per month (wpm) mark for the first time after rising 5.5% to 29.6 wpm in 2023, SEMI announced today.

BANNOCKBURN, IL – Total North American EMS shipments in November were up 0.2% compared to the same month last year, according to IPC's North American EMS Statistical Program.

STAMFORD, CT – Global semiconductor revenue is projected to grow 16.8% in 2024 to total $624 billion, according to the latest forecast from Gartner. In 2023, the market is forecast to decline 10.9% and reach $534 billion.

BANNOCKBURN, IL – Total North American PCB shipments in November were down 22.5% compared to the same month last year, according to IPC's North American Printed Circuit Board (PCB) Statistical Program.

SENAI, MALAYSIA – V.S. Industry Berhad reported revenue of RM1.15 billion ($246.9 million) for the first quarter of its fiscal year, a decrease of 10.9% compared to the same quarter last year.

MYSURU, INDIA – Kaynes Technology India has received approval for the acquisition of Oakland, CA-based Digicom Electronics.

MORRISVILLE, NC – The International Electronics Manufacturing Initiative (iNEMI) has released the Materials Development and Electrical Test Roadmap, which is part of the 5G/6G mmWave Materials and Electrical Test Technology Roadmap (5G/6G MAESTRO).

DES MOINES, IA – Ag Express Electronics, a provider of solutions, sales, service and support for electronic devices for farmers, agriculture dealers and OEMs, has announced the establishment of Integrated Circuit Works, a dedicated division focused on wire harness manufacturing that will expand to include electronics assembly and printed circuit board manufacturing.