SAN JOSE – Flex said it expects 2020 results to be negatively impacted by COVID-19, and the company will not meet current guidance.

VEJLE, DENMARK – GPV reported 2019 revenues of DKK 2.86 billion (US$438.4 million), up 134.4% year-over-year.

HERTFORDSHIRE, UK – The global consumer electronics market will see a full-year decline of 2-5% in retail value terms, while in the long-term, consumer electronics vendors will look to diversify their supply chains, according to Futuresource Consulting.

TAIPEI – Foxconn reported February revenue of $7.3 billion, down 18% year-over-year, the highest monthly decline since 2013.

MINNEAPOLIS, MN – Gregory Vance, Rockwell Automation, will serve as interim SMTA president through the current term ending in September.

WASHINGTON – Worldwide sales of semiconductors were $35.4 billion in January, down 0.3% year-over-year and 2.2% sequentially, says the Semiconductor Industry Association.

TAIPEI – Foxconn expects revenue to fall 15% in consumer electronics and enterprise products during the first quarter but predicts production will return to normal levels during the second quarter, according to reports.

IRVINE, CA – TopLine’s CEO Martin Hart has been awarded a US patent for a fixture designed to deliver 1752 solder columns onto a substrate as part of the ceramic column grid array (CCGA) assembly process.

ZHENGZHOU, CHINA – Foxconn is aiding authorities in the investigation of an off-campus death of a worker employed here, according to reports.

NEENAH, WI -- Plexus today became the latest EMS company to downgrade its financial outlook due to the COVID-19 virus outbreak.

TOKYO – Saki opened a manufacturing plant in Yamato Koriyama City, Nara Prefecture, for the manufacture of 3-D automated x-ray inspection equipment.

BANNOCKBURN, IL — IPC today announced attendance at its signature Apex Expo trade show totaled 8,516 attendees and exhibitor personnel from 61 countries.