MANILA – Integrated Micro-Electronics reported first-half consolidated revenues down 5% to $636 million. Net income was $5.8 million, down 81.6% year-over-year. IMI’s core businesses ended the first half with revenues at $506 million, down 17.5% year-over-year.

SCOTTSDALE, AZ – Despite a 38% sales decline expected this year, the DRAM market is forecast to remain the largest of all IC product categories again in 2019, with sales of $62 billion, says IC Insights.

GUANGZHOU, CHINA – Foxconn has invested a reported $9 billion in a new display plant that began operations on Jul. 31, according to reports. It is said to be the largest-ever single investment in Guangzhou.

JASPER, IN – Kimball Electronics reported fiscal fourth quarter net sales of $318.6 million, an increase of 15.1% year-over-year. Net income for the period ended Jun. 30 was $7.5 million, up 30.1% year-over-year. Operating income was $10.3 million, down 8.4%.

DENVER, CO – SlingShot Assembly completed its second acquisition in 13 months, buying Kenosha, WI-based Jade Electronics.