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TAIPEI – The NAND Flash industry will continue to face dual pressure from weak demand and oversupply in 2025, according to the latest research from TrendForce. In response, manufacturers including Micron, Kioxia/SanDisk, Samsung, and SK hynix/Solidigm have similar plans to cut production – a move that could accelerate industry consolidation in the long term.

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NEW DELHI – Dixon Technology announced revenue of INR10,453 crore ($1.2 billion) for the third quarter of its fiscal year, up 117% from the same quarter last year.

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SON, NETHERLANDS – Neways has announced the successful completion of its acquisition of Sencio, Dutch microsystems company specializing in advanced packaging for smart sensing and actuation applications.

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SUNNYVALE, CA – Ingrasys Technology, a subsidiary of Foxconn specializing in servers and storage systems, has purchased a 26.3-acre tech campus here for $128 million.

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SINGAPORE – PNE Industries reported a revenue and gross profit margin increase in the second half of 2024 due to higher sales volume.

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ELK GROVE VILLAGE, IL – Imagineering has announced a merger with Accutrace, a fellow PCB fabricator and assembler based in Santa Clara, CA.

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