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BUCHS, SWITZERLAND – On Apr. 30, Variosystems acquired Solve Engineering for an undisclosed sum.

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VEJLE, DENMARK – EMS firm GPV reported first quarter revenue was €91 million (US$98.3 million), down 6% year-over-year.

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ATLANTA – All electronic component manufacturer representatives have seen their business disrupted to some degree by Covid-19, according to a new ECIA survey. Some 90% of members expect serious to severe impact on their business during the next two to three months.

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SANKT AUGUSTIN, GERMANY – The Fraunhofer Institute for Applied Information Technology FIT has developed a modular artificial intelligence platform to optimize the design and testing of PCBs, reportedly reducing the requisite outlay by as much as 20%.

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TEMPE, AZ – Amtech Systems reported fiscal second quarter net revenue of $14.5 million, down 30% year-over-year and 29.6% sequentially.

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INDIANAPOLIS – Specialty Coating Systems named Tim Bender president and CEO, effective today. He was previously executive vice president, sales and marketing, for the firm.

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NONTHABURI, THAILAND – SVI Public Co. reported first quarter consolidated sales of THB 3.2 billion (US$102.9 million), a decrease of 17.5% year-over-year, up 1.4% sequentially.

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SAN JOSE – Flex reported fiscal fourth quarter net sales of $5.5 billion, down 11.9% year-over-year.

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TAIPEI – Foxconn reported consolidated April revenues of NT$380.9 billion (US$12.7 billion), up 0.3% year-over-year and 9.6% sequentially, a new record for the month.

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TORONTO – SMTC reported first quarter revenue of $95.1 million, down 7.3% year-over-year and up 5.4% sequentially.

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BOSTON – Creation Technologies acquired Applied Technical Services, expanding Creation’s manufacturing facilities and design centers operating across the US, Canada, Mexico, and China. No financial terms were disclosed.

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NEWARK, NY -- IEC Electronics reported fiscal 2020 second quarter revenues of $44.2 million, up 18.4% from a year ago.

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