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BUSINESS NEWS
Schmid Group signed a preliminary agreement to build a new manufacturing campus in China, a project expected to nearly double its local production capacity and begin operations in 2027.
Global semiconductor sales rose 94 percent year-over-year and 11 percent sequentially in April to $111B, marking the 14th straight month of month-to-month growth.
A bipartisan pair of US senators on Monday urged President Donald Trump's administration to tighten rules on chip manufacturers such as TSMC to prevent them from making advanced AI chips for overseas subsidiaries of Chinese companies.
The Pentagon added Alibaba, BYD, Baidu, Nio, Unitree and more than a dozen other Chinese firms to its list of companies with alleged military ties.
Taiwan's major server manufacturers reported strong May revenue growth as continued investment in AI infrastructure fueled demand for data center hardware.
AI-driven data center growth is expected to double global data center power and water consumption by 2030, according to UN researchers.
Incap temporarily suspended production at its Pennsylvania EMS facility after severe storms caused a power outage, with restoration timelines and production restart plans still uncertain.
Bangladesh's engineering exports have evolved beyond their longtime reliance on bicycles, with electrical and electronic products now leading the sector as manufacturers expand into higher-value goods including PCBs and PCB assemblies.
Celestica appears to be planning a new hub in Austin, including office space and an R&D lab focused on data server components.
Volex will close its Servatron PCB assembly facility in Spokane Valley by the end of 2026, eliminating 124 jobs and consolidating US manufacturing operations at its Irvine, California site.
Niche Electronics completed a 20,000 sq. ft. expansion of its Sarasota facility, adding production capacity and new AOI and laser-marking equipment.
Gigavis secured a nearly $7M order from a major Japanese semiconductor substrate manufacturer for AOI, AOR and VRS inspection systems.
Federal Electronics added an in-house environmental test chamber with a temperature range of -70°C to +200°C.
W&S has entered a strategic partnership with DDJ Holdings and appointed Jochem Winkelman managing director.
Microscreen promoted Nik Thomas to director.
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