GERMANY / SUDBURY, MA – DELO reported $265 million in revenue, up 7% year-over-year, setting a new company record despite global economic volatility. Asia accounted for 56% of total revenue, making it DELO’s largest regional market, with additional strong growth from Brazil and India.
JASPER, IN – Kimball Electronics reported its third quarter results, showing a 12% decline in net sales to $374.6 million, compared to $425 million last year. Operating income rose to $11.7 million, reversing last year's loss of $6.4 million, while adjusted operating income remained steady at 4.2%. The company also reported a positive net income of $3.8 million, compared to a loss of $6.1 million in Q3 2024.
CALGARY, AB – Kaynes Technology India Limited has announced the acquisition of Canada-based August Electronics through its subsidiary, Kaynes Canada Limited. The transaction is expected to close by the end of May, pending regulatory approvals.
AUSTIN, TX – Flex reported a quarterly revenue of $6.4 billion, up 1.6% year-over-year.
THAILAND – SVI Public Company Limited reported a net profit of $3.9 million for the first quarter. The company faced a 17.2% year-over-year revenue decline, mainly due to economic uncertainty.
MANASSAS, VA – Zestron has introduced its Reliability and Solutions (R&S) service for printed circuit assembly failure analysis. The service covers design to high-volume production.
TAIWAN – Foxconn reported record consolidated revenue of $21.3 billion for April, up 16.1% from March and 25.5% year-over-year. The growth was driven by strong shipments of AI cloud products, particularly components tied to Nvidia’s GB200 platform, including GPU modules and full system assemblies.
ATLANTA -- Calling the tariffs levied by the US and China "crippling," the Electronic Components Industry Association said sales sentiment plummeted in April.
As the booths are rolled up and the last coffee cup is cleared from the Boxboro Regency, I find myself reflecting on my first PCB East – equal parts conference, class reunion and boot camp in the best possible way.
GLENVIEW, IL – The electronics unit of Illinois Tool Works reported revenue of $652 million, with operating income of $139 million and an operating margin of 21.4%.
TEMPE, AZ – Benchmark Electronics reported first quarter revenue of $632 million, a 6.5% year-over-year decline, missing expectations by $8.24 million. Despite the drop, the company delivered operating income of $29 million and generated over $27 million in free cash flow.
PEACHTREE CITY, GA – The annual PCB East conference, featuring more than 75 hours of in-depth electronics engineering training, opens today at the Boxboro Regency Hotel and Conference Center in Boxborough, MA, the Printed Circuit Engineering Association (PCEA)announced.