TORONTO – Firan Technology Group reported second quarter Circuits segment net sales down 35% year-over-year to $13.7 million. All sites were down, but the largest decline was seen at the Circuits Toronto plant, which is more heavily exposed to the commercial aerospace market.
Read more ...BREA, CA – Additive Circuits Technologies appointed David Torp CEO, effective July 1.
Read more ...SCHAFFHAUSEN, SWITZERLAND – TE Connectivity has signed a definitive agreement to acquire ERNI Group. The transaction is expected to close by the end of the current quarter, following the receipt of customary regulatory approvals. No financial terms were disclosed.
Read more ...SINGAPORE – A*STAR’s Institute of Microelectronics (IME) is collaborating with four companies to form a system-in-package (SiP) consortium, say reports. IME will team with Asahi-Kasei, Globalfoundries, Qorvo and Toray to develop high-density SiP for heterogeneous chiplet integration for 5G and other applications.
Read more ...TAOYUAN CITY, TAIWAN – Supply and demand of raw materials continues to plague the industry. However, with the continued demand for high-performance computing and automotive electronics, and the stay-at-home economy resulting from the pandemic, revenue of listed Taiwanese PCB companies grew at an annual rate of 16.8% year-over-year in May, up 1.1% sequentially, according to the Taiwan Printed Circuit Association. Total revenue of listed PCB material-related companies grew to over 70% in the same month.
INCHEON, SOUTH KOREA – BH will take over manufacturing more than 50% of iPhone rigid-flex PCBs, according to reports.