SANTA ANA, CA – Ducommun reported second quarter net revenue for its Electronic Systems segment was $102.8 million, up 11.7% year-over-year.
MINNEAPOLIS – Nortech Systems reported second quarter net sales of $30.2 million, up 14% year-over-year and 36.7% sequentially. The revenue improvement was primarily due to higher production volume resulting from actions to scale the direct labor workforce and strengthen the supply chain for parts.
TAIPEI – Inventec's board of directors approved a plan to build new production lines for servers in Mexico for an estimated $75.9 million, according to reports.
BRONSCHHOFEN, SWITZERLAND – Cicor Technologies reported net profit tripled in the first half of 2021 to CHF 5.2 million (US$5.6 million), 4.4% of sales. The favorable development of the Euro against the Swiss Franc contributed to the increase.
LOUISVILLE, KY – Sypris Electronics reported second quarter revenue was $8.8 million, down 9.3% year-over-year and up 30% sequentially.
TAIPEI – Foxconn reported second quarter revenue was NT$1.35 trillion (US$48.6 billion), up 20% year-over-year. Profit was NT$29.8 billion, up 29.7%.