MORGAN HILL, CA – The World Semiconductor Trade Statistics organization has revised its 2023 forecast for the global semiconductor market, anticipating a single-digit contraction of 9.4% for the year, followed by a robust recovery in 2024 with an estimated growth of 13.1%.

PENANG, MALAYSIA – Escatec's board of directors has appointed Charles-Alexandre Albin chief executive officer, effective March 31, 2024.

WALTHAM, MA – Nano Dimension reported revenue of $12.2 million in the third quarter, up 22% compared to the same quarter in 2022.

NASHVILLE, TN – LFM Capital has announced an investment in SisTech Manufacturing, a printed circuit board assemblies manufacturer for defense, aerospace, industrial and consumer applications.

CHENNAI, INDIA – Syrma SGS Technology has formed a semiconductor-focused subsidiary, named Syrma Semicon, according to a filing with the Bombay Stock Exchange.

TAIPEI – Foxconn will invest more than $1.5 billion in an Indian construction project to fulfill its “operational needs,” the company announced in Taiwanese security filings.

KUALA LUMPUR – Inari Amertron reported revenue of RM383.9 million ($82 million) for the first quarter of its fiscal year, up 1.8% from the RM377 million ($80.5 million) in revenue for the same quarter last year.

BANNOCKBURN, IL – Total North American PCB shipments in October were up 3.9% compared to the same month last year, according to IPC's findings from its North American PCB Statistical Program. The book-to-bill ratio stands at 0.97.

BANNOCKBURN, IL – Total North American EMS shipments in October were down 7.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.23.

MORRISVILLE, NC – iNEMI's next webinar in its Packaging Tech Topic Series, set for Nov. 28, is titled LSI/PKG/PCB Co-Design to Support 3D-IC/Chiplet Design and will feature Zuken's Kazunari Koga.

PEACHTREE CITY, GA – Printed Circuit Engineering Association (PCEA) will hold three member webinars in the coming months on PCB materials, PCB thermal management, and the impact of artificial intelligence on electronics.

SAN MATEO, CA – The IDC has raised its 2024 semiconductor revenue outlook from $625.9 billion to $632.8 billion, and predicts the US market will remain resilient from a demand standpoint and China will begin recovering by the second half of 2024.