News
ELK GROVE VILLAGE, IL — SigmaTron International reported revenues of $108.7 million in the second quarter of fiscal year 2023, an 8% growth from the $100.2 million in revenues for the same quarter last year.
BEIJING — Foxconn Technology Group has invested $500 million in its Indian subsidiary, as the world's largest Apple contractor makes moves to diversify its supply chain after China’s stringent pandemic controls disrupted production at its top iPhone plant in Zhengzhou.
BANNOCKBURN, IL — Eighty percent of electronics manufacturers are experiencing rising material costs, while 77% indicate that labor costs are on the rise, according to the IPC's November Sentiment of the Global Electronics Manufacturing Supply Chain report. At the same time, ease of recruitment, profit margins, and inventory from suppliers are presently declining.
