SENAI, MALAYSIA – VS Industry reported revenue of MYR996.8 million (245.4 million) for the third quarter of its fiscal year, marking a 7.5% increase from the same quarter of last year.
ST. PETERSBURG,FL – Jabil announced revenue of $8.5 billion for the third quarter of its fiscal year, which includes an 8% year-over-year decline in its Electronics Manufacturing Services segment.
HERSTAL, BELGIUM – Firearm manufacturer FN Herstal recently invested in its own clean-room production line for Surface Mounted Devices to ensure availability for its own weapon systems, and is now offering production of components to third parties.
THAI BINH PROVINCE, VIETNAM – Compal Electronics has purchased a $30 million plot of land in Vietnam to build a new plant and expand production capacity.
TAIPEI – Trendforce reported that the global production volume of smartphones in the first quarter was only 250 million units – marking a 19.5% YoY decrease and a historic low in quarterly production since 2014.
WASHINGTON – Global semiconductor industry sales were $40 billion during in April, an increase of 0.3% compared to the previous month's total of $39.8 billion and 21.6% less than the April 2022 total of $50.9 billion, according to the Semiconductor Industry Association.
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