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.
FRAMINGHAM, MA – IDC lowered its 2020 forecast for spending on Internet of Things devices to 8.2%, but said double-digit growth rates will return in 2021.
SANTA CLARA, CA – Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the US defense industry and work on new technology, according to reports.
Press Releases
- Robert C. Donovan Joins DISTRON CORPORATION, Marking the Third Generation in Family Leadership
- Incap UK Invests in SMT Technology as Part of Long-Term Operational Development
- Evolve Manufacturing Celebrates 100 Years of Combined Leadership in Medical Device Manufacturing; Noreen King Comments
- STI Celebrates Christy Hill’s 20 Years of Dedicated Service; David Raby Comments