TAIPEI – Pegatron has signed a letter of intent to invest $695 million to $1 billion in an Indonesian factory to assemble iPhone chips, according to reports.

LONG ISLAND CITY, NY – Effective June 13, Cemtrex will effect a six-for-one reverse stock split of its outstanding common stock.

MILPITAS, CA — North America-based manufacturers of semiconductor equipment posted a 90-day average billings of $1.9 billion worldwide in April. The mark was down 29% year-over-year and up 4.7% sequentially, according to SEMI.

WARMINSTER, PA — Logue Family Holdings has acquired IMET Electronics Corp. for an undisclosed sum.

AUSTIN, TX – Fanout wafer-level packages are expected to grow almost 37% from 2018 through 2022, says TechSearch International, while fan-in WLPs are projected to grow at a CAGR of 8.5% for the four-year period.