REDMOND, WA – Data I/O Corp. posted net sales in the third quarter of $3.8 million, down 41.5% year-over-year. The year-over-year decline was a result of a cyclical downtrend in the industry that began at the end of 2017 and demand impacted by international trade and geopolitical issues in 2019, says the firm.
TAIPEI – Taiwanese exports of electronic components grew 3.9% year-over-year in the third quarter, with IC exports up 8.1%, while other components were down 21.5%.
SANTA ANA, CA – Ducommun reported third quarter Electronic Systems net revenue was $90.6 million, up 5.7% year-over-year. The increase is attributed to $5 million higher revenue within the military and space end-use markets and $200,000 higher revenue within the commercial aerospace end-use markets.
MILWAUKEE, WI – Following Wisconsin Public Radio’s report that Foxconn’s five proposed innovation centers in Wisconsin were on hold, Foxconn said it still plans to build them, according to reports.
LAKEVILLE, MN – The US Patent and Trademark Office has issued a patent protecting Dynamic Dual Head dispensing technology for the Camalot Prodigy dispenser. The dispenser employs technology that delivers high-speed, accurate material dispensing for electronics assembly and packaging.
SPOKANE VALLEY, WA – Key Tronic reported fiscal first quarter revenue of $105.3 million, down 17.4% year-over-year.