BINAN, PHILIPPINES – Cirtek Holdings Philippines reported first quarter gross revenues up 6% year-over-year to $22.3 million due to an increase in orders for its antenna products, say reports.
FRANKFURT – In April, German electronics industry exports dropped 20% to €13.5 billion compared to April 2019, according to ZVEI.
SAN JOSE – The Air Force Research Laboratory will invest $154 million in Nextflex during the next seven years to fund development of 3-D printed electronics that can support military operations and defense manufacturing.
ST. PETERSBURG, FL – With expenses continuing to rise due to the Covid-19 pandemic, Jabil said it would cut its workforce globally by 1,500. The moves will save the EMS company $50 million a year.
ATLANTA – According to ECIA’s most recent Covid-19 survey ended June 12, responses across a range of measures reflect renewing optimism among supply chain participants consistent with improvements seen in general business metrics.
ST. PETERSBURG, FL – Jabil beat revenue estimates for the May period, reporting preliminary fiscal third quarter net revenue of $6.3 billion, up 3.3% year-over-year. The net loss was $50.3 million, compared to net income of $44 million for the same quarter last year.
