HSINCHU, TAIWAN – Foxconn has purchased a 6" wafer fabrication plant here from Macronix International for NT$2.5 billion ($90.8 million), according to reports.

WASHINGTON — Worldwide semiconductor sales were $44.5 billion in June, an increase of 29.2% year-over-year and 2.1% sequentially, says the Semiconductor Industry Association.

SINGAPORE – Kulicke and Soffa Industries reported fiscal third quarter net revenue of $424.3 million, up 182% year-over-year and 24.7% sequentially.

ATLANTA – Electronic component market sales growth expectations continue to wane, according to the July ECIA survey.

AUSTIN, TX – Despite capacity increases this year, and additional plans through 2025, demand for FC-BGA substrates is outstripping supply, says TechSearch International. The gap between manufacturing demand and capacity will continue through 2025.

BANGALORE – A new Kurtz Ersa subsidiary here houses an equipped demo center with soldering systems and provides technology training and short-term realization of production lines.

BANNOCKBURN, IL – IPC launched an electronics assembly training course for engineers.

SOUTHLAKE, TX – TestEquity acquired test and measurement company MCS Test for an undisclosed sum. The acquisition will enable TestEquity to expand its market to the UK.

SAN JOSE – Sanmina reported fiscal third quarter net sales of $1.66 billion, up 0.18% year-over-year. For the quarter ended Jul. 3, net income was $117.4 million, an increase of 161.5% compared to the same period last year. Operating income was $74.3 million, up 15.9%.

GARY, INDIANA – The city of Gary is suing Akyumen Technologies for failing to live up to its plans to build a smartphone manufacturing assembly plant here.

MAPLE GROVE, MN – AbelConn Electronics opened a 110,000 sq. ft. facility here, where the wholly owned subsidiary of Celestica will provide rapid prototyping, volume manufacturing, and engineering support for the defense and aerospace industries. The new site will also serve customers in other highly regulated markets such as healthtech, industrial and smart energy.

MIAMI – Element Solutions reported second quarter net sales for the Electronics segment increased 51% to $382 million. Organic net sales increased 25%.