BANNOCKBURN, IL – Sentiment in the electronics industry saw a modest uptick in August, though it remains below the peak observed in April, IPC found in the August Sentiment of the Global Electronics Manufacturing Supply Chain Report.
OSIJEK, CROATIA – Jabil has completed the construction of a new production facility here and plans to begin operations by the end of August.
JASPER, IN – Kimball Electronics reported sales of $1.71 billion for its full fiscal year, down 6% compared to fiscal year 2023.
TAIPEI – Foxconn reported a 19% year-over-year increase in quarterly revenue, totaling NT$1.55 trillion ($48.1 billion), driven by its cloud and networking products segment amid strong AI server demand.
SPOKANE VALLEY, WA – Key Tronic reported revenue of $559.4 million for its full fiscal year, down 4.8% compared to fiscal year 2023.
MINNEAPOLIS – Nortech Systems announced sales of $33.9 million for the second quarter, a decrease of 3.2% from 2023's second quarter.
PATHUMTANI, THAILAND – SVI Public Co. reported second quarter revenue of THB5.94 billion ($162.6 million), up 4.3% from last year's second quarter.
CHICAGO – Three EMS transactions were recorded in the second quarter, down from the five recorded in 2023's second quarter, according to Lincoln International's latest EMS Quarterly Review.
COSTA MESA, CA – Ducommun's second quarter revenue of $197 million marked an increase of 5.2% over last year's second quarter.
WASHINGTON – SIA and the Boston Consulting Group have released a report, “Attracting Chips Investment: Industry Recommendations for Policymakers,” which identifies the following five primary factors that impact investment decisions for semiconductor companies and provides actionable recommendations for governments seeking to grow their domestic semiconductor industry:
TREDEGAR, UK – The Development Bank of Wales has exited Camtronics six years after funding a management buyout of the contract electronics manufacturer.
TAIPEI – Qisda reported revenue of NT$49.9 billion ($1.5 billion) for the first quarter, down 4% from the previous year.