TORONTO – Firan Technology Group reported first quarter sales at its printed circuit board fabrication unit were down $4.5 million, or 27%, year-over-year. All sites were down, but the largest decline was seen in the Circuits Toronto plant, which is more heavily exposed to the commercial aerospace market.
PETACH-TIKVA, ISRAEL – The domestic Ministry of Economics approved a recommendation to the Israel Land Authority to allocate land in the north of Israel to Eltek to build a second production facility without the need for a bidding process.
WASHINGTON – The Semiconductor Industry Association submitted comments to the US Department of Commerce in response to President Biden’s executive order on securing America’s critical supply chains, highlighting the importance of the global semiconductor supply chain to maintaining a strong semiconductor industry and identifying a range of vulnerabilities.
WASHINGTON – The Alliance for Auto Innovation is petitioning for the US government help in boosting semiconductor availability, asserting the current shortage could result in ongoing factory disruptions that could result in more than 1.25 million fewer vehicles being built this year.
ATLANTA – CIRCUITS ASSEMBLY and PRINTED CIRCUIT DESIGN AND FAB announced the 2021 New Product Introduction Award winners for electronics assembly equipment, materials, software, and PCB fabrication.
ATLANTA – Industry sentiment for sales of electronic components rocketed upward in March, according to ECIA’s monthly survey. The survey, which assesses month-to-month sales growth sentiment, grew between 26 and 27 points in component and end-market measures from February to March.