PATHUMTANI, THAILAND – SVI Public Co. reported quarterly revenue of $200 million in the fourth quarter and annual revenue of $741 million, an increase of 48.8% from the previous year. Both amounts were historical highs for the company.
SANTA ANA, CA – Ducommun announced fourth quarter revenue of $120 million for its Electronic Systems segment, an increase of 13.2% from the previous year's fourth quarter.
FONTENAY-AUX-ROSES, FRANCE – Icape Group reported annual revenue of €219.6 million ($234.9 million), an increase of 34% compared to 2021.
BILLINGSTAD, NORWAY – Kitron reported record revenue of NOK1.8 billion ($177.3 million), compared to the NOK949 million ($92.8 million) for the same quarter last year.
TAIPEI – Lorom Holding Company, a manufacturing solutions provider focusing on specialized cable manufacturing and assembly, has announced the acquisition of Segue Manufacturing Services. Terms of the acquisition were not disclosed.
AUSTIN, TX – Austin American Technology (AAT) and Aqua Klean Systems (AKS) will merge, making the combined firm the world’s largest electronics cleaning equipment manufacturer, the companies said in a joint statement.
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