ST. PETERSBURG, FL – Jabil announced $6.8 billion in revenue for the second quarter of its fiscal year, a year-over-year decline of 16.8%.
TAOYUAN CITY, TAIWAN – Taiwan Surface Mounting Technology reported revenue of NT46.5 billion ($1.47 billion) for 2023, down 32% from the previous year.
WATERLOO, ON – Apple has acquired artificial intelligence startup DarwinAI as it looks to add technology for a push into generative AI, Bloomberg reported.
TAIPEI – Foxconn saw a 33% year-over-year jump in net profit in the fourth quarter, and said it is optimistic for 2024's prospects due to the increasing demand for AI servers.
HAUPPAUGE, NY – Orbit International announced February bookings in excess of $2 million for its Electronics group, and said deliveries for February orders have already commenced and are expected to continue through the first quarter of 2026.
TAOYUAN, TAIWAN – Inventec reported revenue of NT$128.07 billion ($4.06 billion) for the fourth quarter, a 5% decrease from the previous year.