TAIPEI – Foxconn reported that revenue in February fell 11.65% year-on-year due to weakness in smart consumer electronics, but the company stuck to its first quarter outlook.
COPENHAGEN – GPV reported revenue of DKK5.9 billion ($845.3 million) in 2022, exceeding expectations for the year and setting a new revenue record for the company.
FRAMINGHAM, MA – The worldwide hardcopy peripherals market saw overall shipments grow 11.6% year over year to nearly 25.0 million units in the fourth quarter. Shipment value during the quarter increased 14.8% to $11.1 billion, according to the International Data Corporation's Worldwide Quarterly Hardcopy Peripherals Tracker.
NEEDHAM, MA – Desktop and mobile workstation shipments shrank 22.2% in the fourth quarter compared to a year ago as IT device spending slowed amidst economic concerns and fulfillment of backlogged orders, according to the International Data Corporation (IDC) Worldwide Quarterly Workstation Tracker.
TEMPE, AZ – Benchmark Electronics on Friday celebrated the grand opening of its new Precision Technologies facility in Mesa, Arizona. The company plans to invest around $20 million into capabilities and technology at the new facility, in addition to hiring 100 people to support this facility as the company ramps up with customers.
TAIPEI – Global DRAM revenue fell by 32.5% quarter-over-quarter to $12.28 billion, per TrendForce research. The fourth-quarter decline is larger than the QoQ decline of 28.8% for the third quarter and comes close to the QoQ decline of 36% for the final quarter of 2008, when the global economy was in the midst of a major financial crisis.
Press Releases
- Absolute EMS Enters Strategic Partnership with PTEC Solutions to Enhance End-to-End Electronics Manufacturing Capabilities
- Indium Corporation Technical Expert to Present at SiP Conference China
- Flex Announces Kevin Krumm as Chief Financial Officer
- Green Circuits Enhances Inspection Capabilities with New DAGE Quadra 5 Pro X-ray System