SPOKANE VALLEY, WA – Key Tronic Corp. expects to report fiscal third quarter revenue of approximately $134.6 million, an increase of 20.7% year-over-year.
SAN JOSE – Flex reported fiscal fourth quarter net sales of $6.3 billion, up 14.3% year-over-year.
NEWARK, NY – IEC Electronics announced second quarter revenue of $45.4 million, an increase of 2.7% year-over-year.
ATLANTA – Industry sentiment for electronics component market sales sustained strong growth in April, according to ECIA’s monthly survey, but modest slowing is ahead. The average market growth assessment for April expanded to 60% of survey respondents, compared to 1% viewing the market declining in April.
WATERBURY, CT -- MacDermid Alpha Electronics has acquired H.K. Wentworth Group for about $60 million.
WASHINGTON – Worldwide sales of semiconductors totaled $123.1 billion during the first quarter, an increase of 17.8% year-over-year and 3.6% sequentially, according to the Semiconductor Industry Association.