HONG KONG – Wong’s Kong King reported first half revenue of HK$2.5 billion (US$320.8 million), down 0.75% year-over-year.

AUSTIN, TX – Many smartphone manufacturers are offering 5G handsets in a bid to increase mobile phone sales, says TechSearch International. Several 5G-compatible smartphones are in mass production, and more are scheduled for release this year.

FRAMINGHAM, MA – Worldwide smartphone assembly shipment volumes in the second quarter were up 11.9% sequentially, with total shipments of 332.6 million, according to International Data Corp.

AUSTIN, TX – Driven by advanced packaging substrate needs, the industry has reached an inflection point in IC substrate manufacturing, according to TechSearch International.

BATANGAS, PHILIPPINES – Cal-Comp Technology expects to raise P8.805 billion (US$171.7 million) from its planned IPO this year.

MILPITAS, CA – 300mm fab equipment spending will slowly recover in 2020 after the 2019 downturn and take off in 2021 to log a new record topping $60 billion, says SEMI.

WASHINGTON — The 90-day moving average sales of semiconductors worldwide were $33.4 billion in July, up 1.7% sequentially.

JOHOR DARUL TAKZIM, MALAYSIA – SKP Resources reported fiscal first quarter revenue down 16% year-over-year to RM362.5 million (US$87 million) on lower contributions from conventional electrical appliances due to a key customer’s shift to an evolutionary model. Sequentially, revenue was up 2%.

SUN PRAIRIE, WI – Pro-Active Engineering has acquired design engineering firm Apex Embedded Systems for an undisclosed sum.

SON, THE NETHERLANDS – Neways Electronics International reported net revenue up 7.1% to €264.5 million (US$291 million) for the first half of 2019.

SINGAPORE -- ASM Pacific Technology reported second quarter revenue at its SMT Solutions unit were $197.5 million, down 10.3% from the first quarter and down 15.1% from a year ago.

MINNEAPOLIS, MN – The SMTA has elected its board of directors for the term beginning Sept. 22.