SAN MATEO, CA – The IDC has raised its 2024 semiconductor revenue outlook from $625.9 billion to $632.8 billion, and predicts the US market will remain resilient from a demand standpoint and China will begin recovering by the second half of 2024.
CHIHUAHUA, MEXICO – Jabil has opened a new production facility at its site here, with the 250,000 sq. ft. plant joining the two other factories already onsite.
LOUISVILLE, KY – Sypris Solutions reported a 33% increase in revenue for the third quarter, driven by a 73.5% increase for Sypris Electronics and a 13.8% increase for Sypris Technologies.
VEJLE, DENMARK – GPV International announced sales of DKK2.5 billion ($364.5 million) for the third quarter, an increase of 120% from the DKK1.2 billion ($175 million) in sales for last year's third quarter.
TAIPEI – Foxconn reported an 11% increase in its third-quarter profits and predicted 2024 revenue growth of less than 5% amid intense geopolitical uncertainty.
MILPITAS, CA – The global semiconductor manufacturing industry is on track for recovery in the fourth quarter, setting the stage for continued growth in 2024, SEMI announced in its latest publication of the Semiconductor Manufacturing Monitor Report, prepared in partnership with TechInsights.
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