PITTSBURGH – Intervala has acquired electronics manufacturing services provider Princeton Technology for an undisclosed sum. Effective with the closing of the transaction, Princeton Technology began operating under the Intervala name.
ARLINGTON, VA – Core tech device shipments such as smartphones, TVs and laptops will decline in 2020 as consumers struggle with economic uncertainty from the Covid-19 pandemic, according to the Consumer Technology Association.
MILPITAS, CA – North America-based semiconductor equipment manufacturers posted $2.21 billion in billings worldwide in March, according to SEMI, up 20.1% year-over-year and down 6.8% sequentially.
MIAMI – Computer power supplies, certain printed circuit assemblies and wiring harnesses were among the latest exclusions to the China tariffs announced today.
ELK GROVE VILLAGE, IL – SigmaTron International has received a Small Business Administration Payroll Protection Loan of approximately $6.3 million, pursuant to the Coronavirus Aid, Relief and Economic Security Act on Apr. 23.
JUAREZ, MEXICO – As a result of the Mexican government’s new restrictions, Key Tronic is temporarily closing its production facilities here, which could potentially last until May 30, unless further extended.