SCOTTSDALE, AZ – Automotive electronics' share of the worldwide electronics market ticked up in 2015, and is forecast to grow for the next four years as well.
Vehicle electronics made up 8.9% of the $1.42 trillion worldwide electronic systems market last year, up slightly from 8.6% in 2014, says IC Insights.
GUIZHOU, CHINA -- Foxconn Technology is reportedly building a new factory here where it will assemble smartphones for Huawei.
KUNSHAN, JIANGSU, CHINA -- Foxconn reportedly has replaced as many as 70,000 workers at its sprawling campus with robots.
TIJUANA, MEXICO -- ThumbSat has begun electronics assembly and production at its new factory here. The company produces printed circuit boards for satellites, electronic subsystems and receivers.
NEWBRIDGE, NEWPORT, WALES -- Axiom Manufacturing Services said annual sales rose 17% year-over-year to £40.6 million ($58.9 million).
BALVE, GERMANY -- Balver Zinn and Spectro Analytical Instruments have jointly developed an application for tin-solder bath analysis that is said to eliminate certain sampling steps.
FARMINGDALE, NY -- Cemtrex has withdrawn a mandatory SEC filing that typically precedes new stock offerings.
CHATSWORTH, CA – Electronics manufacturing service provider We Imagine Inc. is closing its facility here.
ODISHA, INDIA – Sanmina reportedly plans to establish an electronics manufacturing facility and R&D center here, according to local reports.
TAIPEI – The global DRAM industry posted $8.56 billion in revenue in the first quarter, down 16.6% sequentially, says DRAMeXchange, a division of TrendForce. The research firm attributes the decline to market oversupply and sliding average selling prices.
SEATTLE -- Microsoft today announced the sale of the former Nokia phone assets to FIH Mobile and HMD Global for $350 million.
LOUISVILLE, KY -- Sypris Solutions' Electronics unit totaled revenues of $9.1 million for the first quarter ended Apr. 3.