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BANNOCKBURN, IL — COVID-19, Russia’s invasion of Ukraine, soaring global inflation rates and recession fears were major contributors to the cloud of uncertainty in 2022 and also to slower global economic growth, per IPC’s December Economic Outlook report.

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By now you probably have heard of ChatGPT. This new artificial intelligence program mimics conversations and language in a way the general public has never seen. Per its website, its developers trained an initial model using “supervised fine-tuning”; in other words, humans provided conversations in which they acted as both user and AI “assistant.” Model-written suggestions were used to help compose their responses.

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TAIPEI — Foxconn Interconnect Technology has entered into an agreement to acquire PRETTL SWH group, a German developer and manufacturer of sensor, connectivity and electrification solutions, as part of the company's effort to expand its electronic vehicle development.

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EGER, HUNGARY — Eurocircuits is currently in the process of moving into its new assembly facility in Eger, Hungary, with an expected completion of the move by the end of the week.

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LODZ, POLAND -- Flex has expanded its footprint here and extended its lease for nonmanufacturing space.

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BANNOCKBURN, IL — Over the next six months, manufacturers expect to see continued increase in both labor and material costs, while ease of recruitment and profit margins are likely to remain challenging, according to IPC’s December Global Sentiment of the Electronics Supply Chain Report.

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