MILPITAS, CA – Jonathan Davis, global vice president of industry advocacy at SEMI, testified before a US interagency panel this week against $16 billion in additional tariffs on Chinese goods. This comes two months after he opposed $34 billion in US trade tariffs in front of the same panel on behalf of SEMI.
NEVADA CITY, CA – In 2017, worldwide revenue for contract electronics manufacturing services increased 10.8%, resulting in combined EMS and ODM revenue of $471 billion, says New Venture Research.
SAN JOSE, CA – Sanmina reported fiscal third quarter revenue was $1.81 billion, up 5.8% year-over-year and 7.7% sequentially.
CHICAGO – In 2017, US Imports from the 14 largest trading partners in Asia rose $55 billion, or 8%, to reach a record high, according to an A.T. Kearney report.
BOSTON – As the makers of leading brands like Harley-Davidson, Daimler and Whirlpool move or contemplate the relocation of manufacturing from the US, questions over the import tariffs have become real to the electronics supply chain this summer.
SAN JOSE, CA – Flex reported fiscal first quarter net sales were $6.4 billion, up 7% year-over-year.