SAN FRANCISCO -- Fabrinet signed a lease for a building in Israel, where the EMS firm plants to establish an NPI assembly facility.
WASHINGTON — Global semiconductor sales reached $106.7 billion during the third quarter of 2019, down 14.6% year-over-year and up 8.2% sequentially, says the Semiconductor Industry Association.
SAN JOSE – Flex is planning to invest up to $500 million to expand its manufacturing base in India, according to reports. The firm plans to set up export-oriented facilities, aiming for revenue of $1 billion in the next year.
REDMOND, WA – Data I/O Corp. posted net sales in the third quarter of $3.8 million, down 41.5% year-over-year. The year-over-year decline was a result of a cyclical downtrend in the industry that began at the end of 2017 and demand impacted by international trade and geopolitical issues in 2019, says the firm.
TAIPEI – Taiwanese exports of electronic components grew 3.9% year-over-year in the third quarter, with IC exports up 8.1%, while other components were down 21.5%.
SANTA ANA, CA – Ducommun reported third quarter Electronic Systems net revenue was $90.6 million, up 5.7% year-over-year. The increase is attributed to $5 million higher revenue within the military and space end-use markets and $200,000 higher revenue within the commercial aerospace end-use markets.
MILWAUKEE, WI – Following Wisconsin Public Radio’s report that Foxconn’s five proposed innovation centers in Wisconsin were on hold, Foxconn said it still plans to build them, according to reports.
LAKEVILLE, MN – The US Patent and Trademark Office has issued a patent protecting Dynamic Dual Head dispensing technology for the Camalot Prodigy dispenser. The dispenser employs technology that delivers high-speed, accurate material dispensing for electronics assembly and packaging.
SPOKANE VALLEY, WA – Key Tronic reported fiscal first quarter revenue of $105.3 million, down 17.4% year-over-year.
SAN JOSE – Sanmina reported fiscal fourth quarter revenue of $1.9 billion, up 0.85% year-over-year and down 6.6% sequentially. The company also said it would take measures to reduce headcount as headwinds appear and soft demand is expected over the next few quarters.
LYON, FRANCE – The die attach equipment market was worth $979 million in 2018 and will reach $1.3 billion by 2024, a CAGR of 6% between 2018 and 2024, according to Yole Développement.
SON, THE NETHERLANDS – Neways Electronics International reported third quarter net revenue up 5.5% to €132.9 million year-over-year.