TOKYO, JAPAN – Panasonic Industry, part of the Panasonic Group, has announced an expansion of its MEGTRON multi-layer circuit board material production. The company plans to double output over the next five years to address surging demand from AI servers and ICT infrastructure.
WASHINGTON – SEMI announced that global semiconductor equipment billings reached $33.07 billion in the second quarter, representing a 24% year-over-year increase and a 3% quarter-over-quarter gain. The strong results were driven by demand for advanced logic and high-bandwidth memory (HBM) DRAM applications, alongside increased shipments to Asia.
INDIA – The Andhra Pradesh government has cleared an ₹856-crore incentive package to support the development of India’s largest printed circuit board (PCB) facility, to be established by Syrma SGS in partnership with Korea’s Shinhyup Electronics.
HUAI'AN PARK – Zhen Ding Technology said Avary Holding’s board approved a Huai’an Park expansion, committing roughly $1.1 billion (RMB 8 billion) through 2028 to boost high-end PCB capacity aimed at AI infrastructure.
SANTA ANA, CA – TTM Technologies announced the appointment of Dr. Edwin Roks as its next chief executive officer and class II director, effective September 2, succeeding Tom Edman. Dr. Roks will serve the remainder of the current class II term, expiring at the company’s 2026 annual meeting of stockholders.