TAIPEI – Foxconn reported August revenues of NT$400 billion (US$14.5 billion), down 4.9% year-over-year and 4.3% sequentially.
ATLANTA – The cooling of sales of the electronics component supply chain is expected to moderate in September and through the end of 2021, according to ECIA’s August survey.
SON, THE NETHERLANDS – Electronics manufacturing services firm Neways has agreed to be acquired by an investment firm in an all-cash deal worth approximately €177.5 million.
WILLIAMSPORT, PA – Spartronics has acquired fellow EMS Inovar for an undisclosed amount. This is Spartronics’ second acquisition in the past nine months.
BANNOCKBURN, IL – “Global demand remains strong, but we are starting to see some early signs that demand might be slowing,” says Shawn DuBravac, Ph.D., chief economist, IPC, in the August Economic Outlook report. “Even with demand slowing, back orders remain high, and inventories remain low, which should keep manufacturers busy for the foreseeable future. Covid has become a sledgehammer to confidence.”
BREA, CA — Additive Circuits Technologies has acquired Bench 2 Bench Technologies, manufacturer of flexible PCBs for the medical device markets, for an undisclosed sum.
Press Releases
- Surf-Tech Manufacturing Corp. Ensures World-Class Quality with Advanced Conformal Coating Services
- Luminovo Partners with Sluicebox to Offer an Industry-First Instant Product Carbon Footprint for Electronics
- The Assembly Show and SMTAI Announce Colocation in October
- SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri