BRONSCHHOFEN, SWITZERLAND – One Equity Partners has purchased HEB Swiss Investment's shares in EMS firm Cicor Technologies for an undisclosed sum.

EINDHOVEN, THE NETHERLANDS – Neways plans to lay off an additional 100 full-time employees as a result of a reorganization at the end of 2020, according to reports.

VIHN PHUC, VIETNAM – Valuetronics’ new EMS factory in Vietnam will be fully operational in the third quarter. The 550,000 sq. ft. site will house 60 injection molding lines and 30 SMT lines.

WASHINGTON – Global semiconductor sales were $40 billion for January, an increase of 13.2% year-over-year and 1% sequentially, according to the Semiconductor Industry Association.

HONG KONG – ASM Pacific Technology reported fourth quarter SMT Solutions revenue of HK$1.93 billion (US$248.8 million), up 1.4% year-over-year and 10.4% sequentially.

DOWNERS GROVE, IL – Hirose Electric USA named Shinya (Sid) Tono president and COO, effective Apr. 1.

BANNOCKBURN, IL – The global economy continues to improve, in many ways recovering better than anticipated, according to a new report by IPC. Meanwhile, the electronics industry is looking at a prolonged recovery, says Shawn DuBravac, Ph.D., chief economist, IPC.

MARION, MA -- Polaris Contract Manufacturing, Lockheed Martin's contract electronics manufacturing arm, will close its site here as part of a corporate relocation.

KELSO, SCOTLAND -- Plexus is reportedly considering reducing headcount at its EMS plant here by 60 jobs, according to local reports.

ATLANTA, GA – UP Media Group today announced dates for its popular PCB2Day workshop series for spring 2021.

REDMOND, WA -- Data I/O reported fourth quarter net sales of $4.9 million, down $1 million year-over-year, on pushouts of equipment orders and deliveries, partially offset by higher recurring and consumable revenues from the company’s expanding installed base of component programming machines.

SON, THE NETHERLANDS – Neways Electronics today reported 2020 net sales fell 10.3% to €478.6 million ($577.7 million) due to reduced demand in automotive and the automotive-related industrial electronics.