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.

Read more: Newly Formed Semi Alliance Calls for Congress to Appropriate $50B for Domestic Chip Manufacturing

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.

Read more: EU-Funded Project: Recycling CRMs in PCBs Should be Made Law

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

Read more: Mycronic to Buy Cohu’s PCB Test Group for $125M

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

Read more: Ansys Reports Q1 Revenue Up 19%