GLENVIEW, IL – ITW announced $703 million in first-quarter revenue for its Test & Measurement and Electronics segment, marking a 5.6% increase from the first quarter of 2022.
SHANGHAI – Universal Scientific Industrial Shanghai reported revenue of 13 billion yuan ($1.88 billion) in the first quarter, a decrease of 6.78% from the same quarter of last year.
REDMOND, WA – Data I/O reported sales of $7.2 million in the first quarter, up 46% as compared with $5 million in the first quarter of last year.
STAMFORD, CT – Global semiconductor revenue is projected to decline 11.2% in 2023, according to the latest forecast from Gartner, Inc. In 2022, the market totaled $599.6 billion, which was marginal growth of 0.2% from 2021.
BILLINGSTAD, NORWAY – Kitron saw record revenue of €190.6 million for the first quarter, an increase of 36% compared to the €140 million in revenue for the same quarter last year.