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NEEDHAM, MA — Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022, according to preliminary data from the International Data Corporation Worldwide Quarterly Mobile Phone Tracker. The drop marks the largest-ever decline in a single quarter and contributed to a steep 11.3% decline for the year.

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NEENAH, WI — Plexus reported revenues of $1.094 billion for its first quarter, an increase of 33.8% year over year.

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TORONTO — Celestica announced that it saw revenues of $2.04 billion in the fourth quarter, an increase of 35% compared to the $1.51 billion in revenues for the fourth quarter of 2021. 

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SAN JOSE, CA — Flex reported net sales of $7.8 billion for its third quarter, up from $6.61 billion in the same quarter last year.

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BANNOCKBURN, IL — December shipments by North American printed circuit board fabricators fell 1.7% from a year ago and 5.1% sequentially.

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BANNOCKBURN, IL — North American electronics manufacturing services (EMS) bookings in December decreased 22.7% year-over-year and decreased 2.9 percent from the previous month. 

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