NEW YORK – Cofactr, a provider of a supply chain and logistics management platform for hardware manufacturers, has raised $17.2 million in a series A investment round.

OULU, FINLAND – Scanfil has lowered its annual revenue forecast due to material shortage challenges and a lowered demand in the fourth quarter.

TOKYO – Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to set a new industry record, reaching $113 billion in 2024 and growing 6.5% year-over-year, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2024.

BRONSCHHOFEN, SWITZERLAND – An affiliate of US investment firm One Equity Partners will make a cash offer of CHF84.6 million ($96.3 million) to take over Cicor, the company announced.

BILLINGSTAD, NORWAY – Kitron expects revenue between €635 million and €660 million ($667 million and $694 million) for the year, with strong growth in its Defense & Aerospace market sector.

WASHINGTON – Global semiconductor sales hit $56.9 billion during the month of October 2024, an increase of 22.1% compared to the October 2023 total of $46.6 billion and 2.8% more than September's total of $55.3 billion, the Semiconductor Industry Association announced.

NEEDHAM, MA – The global market for personal computing devices, including PCs and tablets, is set to grow 3.8% in 2024, reaching 403.5 million units, according to the latest forecast from IDC's Worldwide Quarterly Personal Computing Device Tracker.

TAIPEI – Foxconn reported a 3.5% year-over-year increase in revenue for November, reaching the company's second-highest total for the month at NT672.6 billion ($20.8 billion).

SENAI, MALAYSIA – VS Industry reported MYR1.11 billion ($249 million) in revenue for its first quarter, down 2.6% from the same quarter last year.

SOLON, OH – Eagle Electronics has raised $14 million to build a new manufacturing facility here in partnership with CO-AX Technology.

BRUSSELS, BELGIUM – SEMI has published recommendations for the European Union to bolster its semiconductor ecosystem, urging new commissioners to implement legislation to advance the semiconductor sector given its role as a key driver of technological advancement, economic growth and ensuring Europe’s future competitiveness on the global stage.

MILPITAS, CA – Global semiconductor equipment billings increased 19% year-over-year to $30.4 billion in the third quarter, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.