Fab News

SUWONG-SI, SOUTH KOREA – Samsung Electro-Mechanics reported fourth quarter revenue of KRW 2.1 trillion (US$1.9 billion), up 17% year-over-year.

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ANDOVER, MA – MKS Instruments reported fourth quarter net revenues were $660 million, up 32% year-over-year and 12% sequentially.

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WALLINGFORD, CT – Amphenol posted fourth quarter revenues of $2.43 billion, an increase of 13% year-over-year.

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WASHINGTON – The US Department of Defense announced a new Defense Electronics Consortium and awarded millions toward its establishment to a subsidiary of the IPC trade group. The consortium will seek to affirm supply chain security for electronic products of national interest to the US.

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BANNOCKBURN, IL — IPC welcomes the “Buy American” executive order signed by US President Joe Biden.

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SEOUL -- LG Innotek reported fourth quarter revenue at its Substrate and Material unit rose 19% year-over-year and 6% sequentially to 340 billion won ($308 million). Chip packaging substrates made up 83% of the unit's sales for the period ended Dec. 31.

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