MILPITAS, CA – The current global semiconductor manufacturing industry contraction is expected to moderate in the second quarter and give way to a gradual recovery starting in the third quarter, SEMI announced in the latest publication of the Semiconductor Manufacturing Monitor Report.

Read more: Semiconductor Industry Downturn to Bottom in Second Quarter, SEMI Reports

PETACH TIKVA, ISRAEL – Eltek reported revenue of $11.5 million for the first quarter, an 18% increase from last year's first quarter.

Read more: Eltek Sees 18% Revenue Hike

LEOBEN, AUSTRIA – AT&S saw a 13% increase in revenue for its fiscal year, reaching a record €1.79 billion ($1.94 billion). 

Read more: AT&S Reports Record Annual Revenue

LEOBEN, AUSTRIA – AT&S has received a €250 million loan ($271 million) from European Investment Bank to fund research and development activities and help finance the construction of a new research center at its headquarters.

Read more: AT&S Building New Research Center in Austria