NEW YORK – Vexos has announced expansions of its Ho Chi Minh City, Vietnam, and Vancouver, WA, facilities to meet increasing customer demand.
MENTOR, OH – Libra Industries is set to close its facility in Northeast Ohio, resulting in the permanent loss of 17 jobs.
BANNOCKBURN, IL – Total North American EMS shipments in January were down 2.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.27.
OSAKA, JAPAN – SIIX announced annual revenue of JPY302.3 billion ($2 billion), down 2.4% from 2023's total.
TAIPEI – Foxconn is among the companies affected by efforts by China to control the outflow of its technology and keep key technologies within the company, according to a report by The Financial Times.
STAMFORD, CT – Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2023, according to preliminary results by Gartner. Revenue is projected to total $705 billion in 2025.