Fab News

HUIZHOU, CHINA – Chinese electronics parts manufacturer Victory Giant Technology has agreed to buy Singaporean PCB maker MFS Technology for up to $460 million.

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BRONSCHHOFEN, SWITZERLAND – Cicor Group announced 26.2% year-on-year sales growth for the first half of the year, reaching CHF199.2 million ($230.4 million) compared to CHF157.7 million (182.4 million) in the first half of last year.

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WASHINGTON – The United States faces a significant shortage of technicians, computer scientists and engineers, with a projected shortfall of 67,000 of these workers in the semiconductor industry by 2030 and a gap of 1.4 million such workers throughout the broader US economy, according to a study released by the Semiconductor Industry Association in partnership with Oxford Economics.

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STOCKHOLM – NCAB Group reported sales of SEK1.06 billion for the second quarter, a year-over-year decrease of 6%.

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TEWKESBURY, UK – Trackwise Designs has launched a sales process for its business after reviewing options for the company's future.

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TEWKESBURY, UK – Trackwise Designs announced a further delay in its 2022 annual report and said it is reviewing options for the future of the company.

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