JASPER, IN – Kimball Electronics announced sales of $496.1 million for the fourth quarter of its fiscal year, a 33% increase over the same quarter last year.
SAN DIEGO, CA – Tide Rock, a San Diego-based unlevered buyout firm, has announced the acquisition of Pro-Active Engineering, an EMS solutions provider for the military & defense, industrial, medical, renewable energy and aerospace sectors.
JASPER, IN – Kimball Electronics has announced the death of longtime chairman and CEO Don Charron.
TOKYO – Kaga Electronics will build a new factory in Mexico to meet customers' growing needs in the US market.
NEVADA CITY, CA – The worldwide contract manufacturing market reached a new all-time high of $694.4 billion in 2022, but the year-over-year growth rate went flat from the previous year and decreased from 14.8% to 1.7% – the lowest growth seen over the last five-year period, according to New Venture Research's report, The Worldwide Electronics Manufacturing Services Market – 2023 Edition.
MILPITAS, CA – With sequential IC sales declines beginning to moderate, the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin to recover in 2024, SEMI and TechInsights reported in the Semiconductor Manufacturing Monitor.