SANTA ANA, CA – Ducommun expects to report first quarter revenues in excess of $170 million on Apr. 30. The firm had first quarter revenues of $172.6 million during the same quarter last year.
EINDHOVEN, THE NETHERLANDS – Neways Electronics reported first quarter net revenue of €127.2 million (US$138.3 million), down 4.3% year-over-year.
FRANKFURT – A influential German trade group is supporting the EU Commission’s recommendations to overcome the current economic and societal shutdown.
BANGI, MALAYSIA – Frencken Group received approval from authorities to continue manufacturing operations in Malaysia.
TAIPEI – Foxconn plans to build a joint IC packaging and testing plant in Qingdao, Shandong Province, China, as part of the company’s efforts to enter the semiconductor industry.
FRAMINGHAM, MA – Ravaged by the Covid-19 pandemic and comorbid economic malaise, the outlook has turned for the worldwide IT services market. This is the first time since the two world wars that the global economy has been disrupted both by demand and supply at such a scale, says International Data Corp.
