NORTH YORK, ONTARIO – Permatech Electronics reported record revenue of $5.7 million for its 2023 fiscal year, an increase of 29% from last year.

WASHINGTON – Global semiconductor industry sales totaled $44 billion in August, an increase of 1.9% compared to July's total of $43.2 billion but 6.8% less than the August 2022 total of $47.2 billion.

PEACHTREE CITY, GA – CIRCUITS ASSEMBLY is accepting entries for its 2024 New Product Introduction Awards for electronics assembly equipment, materials and software suppliers.

NEEDHAM, MA – Global spending on cloud storage infrastructure increased 7.9% year-on-year in the second quarter to total $24.6 billion, according to the IDC's Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment.

WOKING, UK – TT Electronics has appointed Peter France as its new CEO to succeed Richard Tyson following the announcement made earlier this year of Tyson's departure.

CLINTON, NY – After partnering with the company last year to develop a supercooled liquid metal solder paste, Indium Corp. has announced the acquisition of Safi-Tech.

ST. PETERSBURG, FL – Jabil's board of directors has approved a $200 million restructuring plan that includes headcount reductions.

FONTENAY-AUX-ROSES, FRANCE – Icape Group has announced the acquisition of three US companies: PCB Solutions, Ustek Incorporated and Nujay Technologies.

SAINT HERBLAIN, FRANCE – Lacroix recorded revenue of €387.8 million ($409.9 million) in the first half of the year, up 14.6% from last year's first half.

WASHINGTON – The Department of Defense's Office of Industrial Base Policy has awarded a combined $17.5 million in contracts to support two initiatives that will strengthen the resilience of the defense microelectronics industrial base – including a project to promote production of ultra-high density interconnects for PCBs.

BANNOCKBURN, IL – North American PCB shipments in August were down 26.4% compared to the same month last year, and were down 35.7% compared to July, IPC reported in its North American Printed Circuit Board Statistical Program report.

BANNOCKBURN, IL – Total North American EMS shipments in August were up 2.49% compared to the same month last year, IPC announced in its monthly North American EMS Statistical Program report.