SPOKANE VALLEY, WA – Key Tronic expects to report fiscal third quarter revenue of approximately $111 million.
LONDON – The past three months have wreaked havoc on the semiconductor market, with sharp demand fluctuations and supply-chain issues.
HONG KONG – Wong’s International Holdings reported 2019 EMS division revenue was HK$3.6 billion (US$459.2 million), a decrease of 9.8% year-over-year.
HAUPPAUGE, NY – Orbit International reported consolidated first quarter orders exceeded $6.9 million.
BANNOCKBURN, IL – Electronics manufacturing executives remain very concerned about the impacts of Covid-19, according to a recent survey by IPC. Some 43% of executives who replied to IPC’s latest online poll said they were “extremely” concerned, and 92% were “somewhat” or “extremely” concerned. Only 8% were neutral or unconcerned.
MILPITAS, CA – In a sign of return to normalcy, China’s idled factory workforce is preparing to return to the production lines. Outside of Hubei province, home to Wuhan, most manufacturing workers are expected to be back on the job by the end of this month, with the proportion of manufacturing employees returning to work in Hubei cities except Wuhan reaching 70% by then, said Didier Chenneveau, partner, Supply Chain Practice, McKinsey & Co.
