NEW DELHI – Pegatron’s board has approved an initial investment of $150 million (Rs 1,100 crore) to build manufacturing facilities in India, according to reports.

ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal second quarter revenues decreased 7.1% year-over-year to $69.6 million.

MORRISVILLE, NC – iNEMI will hold an end-of-project conformal coating evaluation webinar Dec. 15 and 16 and Jan. 5.

BOSTON – MRSI Systems and Palomar Technologies have reached an agreement that settles all litigation currently pending between the companies.

FRAMINGHAM, MA – Vendor revenue in the worldwide server market grew 2.2% year-over-year to $22.6 billion during the third quarter, according to International Data Corp. In the same period, worldwide server shipments declined 0.2% year-over-year to nearly 3.1 million units.

EDINA, MN – The 2021 Symposium on Counterfeit Parts and Materials will be held online Aug. 3-5, and SMTA and CALCE are requesting abstracts. The deadline to submit abstracts is Apr. 23.

SELBYVILLE, DE – The worldwide telecom electronic manufacturing services market was worth $155.7 billion in 2019 and is projected to grow at a CAGR of 7% from 2020 through 2027, according to a recent study. The growth is credited to surging demand for mobile phones, smart electronic devices, and other telecom products.

WESTWOOD, MA – Chase Corp. finalized the acquisition of ABchimie, a developer of coatings for electronics, in an all-cash deal. Chase expects the acquisition to be immediately accretive but not in a significant way.

WASHINGTON – John Mitchell, president and CEO of IPC released the following statement on today’s vote by the US House of Representatives to approve the final version of the fiscal 2021 National Defense Authorization Act (NDAA):

BANNOCKBURN, IL – IPC Apex Expo 2021 will be offered virtually Mar. 8-12.

TAIPEI – Foxconn experienced a ransomware attack at its Mexican facility last month, according to reports.

KUANTAN, MALAYSIA – TT Electronics opened an electronics manufacturing facility here.