China is putting into place tariffs on $75 billion in U.S. products in retaliation for the Trump administration's latest planned tariff hikes.
In response, President Donald Trump on Friday said he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion in US goods, throwing a new twist into the bitter trade war between the world’s two largest economies.
Semiconductor supply chain watchers expect DRAM pricing to begin to stabilize next month.
North America-based semiconductor equipment manufacturers posted $2.03 billion in billings worldwide in July, down 14.5% year-over-year and up 0.4% sequentially, according to SEMI.
Holders Technology said its profit dropped more than two thirds in its most recently ended financial year due to challenges in its printed circuit board unit.
Orbit International has purchased the assets of Q-Vio, developer of LCD display modules.
Molex opened a state-of-the-art optical R&D facility in New Jersey.
Barco is investing $5 million to expand its operations and adding 50 new jobs to its existing facility in Gwinnett County, GA.
ESI is on the hunt for a new headquarters in Beaverton, OR.
Bang & Olufsen may be on the block following the recent release of poor financial results.