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.

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

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.

WASHINGTON – The US has launched a patent infringement investigation against Luxshare Precision Industry over possible import violations.