STOCKHOLM – Note reported flat sales in the second quarter while continuing to build profitability and cash flow, prompting the company to narrow its full-year sales guidance.
FINLAND & ITALY – Scanfil has announced a strategic merger with Italian-based MB Elettronica, building its position in the European EMS market. The move brings Scanfil’s global factory count to 16 across four continents and grows its workforce to over 4,500.
STOCKHOLM – Mycronic reported strong financial results for the second quarter, prompting the company to raise its full-year revenue outlook to $710 million, up from a previous forecast of $660 million – $710 million.
NORWAY – Kitron reported second-quarter results, with revenue reaching $187.2 million, driven by continued strength in the Defense & Aerospace market and growth in the Industry sector. The company also raised its full-year outlook on the back of strong momentum and newly secured contracts.
WASHINGTON – Global semiconductor sales reached $59 billion in May, a 27% year-over-year increase, according to data released today by the Semiconductor Industry Association (SIA). Sales were up 3.5% month-over-month from April’s total of $57 billion.
TAIPEI – Foxconn reported second-quarter revenue of $57 billion, a 15.8% year-over-year increase and rebounding strongly from the first quarter. The growth was fueled primarily by soaring demand for artificial intelligence hardware, with its cloud and networking division leading the charge.
Press Releases
- Federal Electronics Invests in HydroJet Inline Cleaning Technology at Hermosillo Facility
- Seika Machinery to Host Webinar on Wireless Strain Measurement for PCB Testing
- NEPCON ASIA 2025: Innovating Smart Manufacturing Ecosystems and Bridging Global Opportunities
- Viasion Technology Expands Global Reach as a Trusted PCB Manufacturer and EMS Provider in China