JASPER, IN – Kimball Electronics reported net sales in the fourth quarter were $286.2 million, down 10.2% year-over-year.
HSINCHU, TAIWAN – SEMI formed a standards committee that aims to develop global standards for flexible hybrid electronics spanning design, materials, manufacturing, packaging and systems and to drive industry growth.
VEJLE, DENMARK – GPV reported first half revenue fell 5% year-over-year, with net profit increasing 23% to a record DKK 108 million (US$17.2 million).
BANGKOK -- Fabrinet announced fourth quarter revenue of $405.1 million, flat with last year.
CHICAGO – M&A activity in the EMS sector stalled in the second quarter, with just three deals closing in the period, according to a new report. The three deals included two consolidations and one vertical/horizontal convergence.
SAN JOSE, CA -- Sanmina chief executive Hartmut Liebel is leaving the company, effective immediately, after just a year on the job, the EMS company said today. Executive chairman and cofounder Jure Sola will take over as chief executive, the firm added.
