SANTA ANA, CA -- TTM Technologies has signed a definitive agreement to sell its Shanghai backplane assembly plant for approximately $11.8 million, subject to customary post-closing adjustments, to DBG Holdings.

WOKING, ENGLAND – TT Electronics announced 2022 revenue of GBP617 million ($735.6 million), a 30% increase from 2021's total.

WASHINGTON – Global semiconductor industry sales totaled $41.3 billion during the month of January 2023, a decrease of 5.2% compared to the December 2022 total of $43.6 billion and 18.5% less than the January 2022 total of $50.7 billion, according to the Semiconductor Industry Association.

NEEDHAM, MA – Global shipments of AR/VR headsets declined 20.9% year over year to 8.8 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.

KARLSTEIN AM MAIN, GERMANY – BMZ Group, a specialist in lithium-ion batteries, announced the acquisition of Visatronic GmbH, a Mainhausen, Germany-based EMS supplier.