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TAIPEI – Foxconn reported consolidated revenues of NT$539.5 billion (US$17.8 billion) for December, down 12.9% year-over-year and 10.5% sequentially.

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SOUTHAMPTON, PA – Effective Jan. 1, IMET Electronics merged with TJM Electronics. The companies are now under the TJM Electronics brand.

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NEVADA CITY, CA – The global market for IC packaging grew by double digits in 2018 but increased 3% in 2019, as the overall IC devices market declined 3.7%, according to New Venture Research.

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MAHARASHTRA, INDIA – Foxconn will not set up its manufacturing units here, according to reports, while the firm resolves issues with proposed investments worth ₹30,000 crore (crore = 10 million).

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FRAMINGHAM, MA – Worldwide spending on robotics systems and drones will be $128.7 billion in 2020, an increase of 17.1% over 2019, according to IDC.

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WASHINGTON — The 90-day moving average sales of semiconductors worldwide fell 10.8% year-over-year to $36.7 billion in November.

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ATLANTA, GA – CIRCUITS ASSEMBLY Magazine today announced Rocket EMS as its EMS Company of the Year for 2019.

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BANNOCKBURN, IL — North American printed circuit board fabricators reported November shipments rose 17.2% over last year. 

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TAIPEI -- Wistron will invest up to $45 million to set up a wholly owned subsidiary in Vietnam.

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PUNE, INDIA -- A local division of Jabil Circuit has leased 60,000 sq. ft. in an industrial park here for a future plastic and metal parts manufacturing operation.

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DUSSELDORF – Katek will acquire the SMT production of the Huf Group here.

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HUDSON, NH – Intervala acquired Varitron’s EMS unit here for an undisclosed sum. The acquisition increases Intervala’s manufacturing footprint in the Northeast region of the US and expands the company’s global customer base.

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