WASHINGTON – An alliance of semiconductor companies and downstream users of semiconductors formed the Semiconductors in America Coalition (SIAC) and called on congressional leaders to appropriate $50 billion for domestic chip manufacturing incentives and research initiatives.

ST. GALLEN, SWITZERLAND – End-of-life printed circuit boards, certain magnets in disc drives and electric vehicles, EV and other special battery types, and fluorescent lamps are among several electrical and electronic products containing critical raw materials, the recycling of which should be made law, says a new UN-backed report funded by the EU.

POWAY, CA – Mycronic signed an agreement with Cohu to purchase the firm’s printed circuit board test group for $125 million.

PITTSBURGH – Ansys reported first quarter revenue of $363.2 million, up 19% year-over-year.