TORONTO -- Celestica today announced third quarter revenue fell 5% year-over-year to $1.47 billion, due to a drop in demand from Cisco.
DALLAS, TX – CalcuQuote and Cetec partnered to build two-way API integrations between RFQ and ERP applications.
MILPITAS, CA — North America-based semiconductor equipment manufacturers posted $3.72 billion in billings worldwide in September, according to SEMI, up 35.5% year-over-year and 1.7% sequentially.
NEGOMBO, SRI LANKA – GPV broke ground on a new manufacturing plant in Sri Lanka, according to reports.
TAIPEI – Contract prices of NAND flash products are expected to undergo a marginal drop of 0-5% sequentially in the fourth quarter as demand slows, according to TrendForce. The current cyclical upturn in NAND flash prices will have lasted only two consecutive quarters.
SINGAPORE — Fifty-eight percent of organizations recently surveyed indicate their immediate focus is on increasing supply chain visibility to help create operational resilience, says IDC. By the end of 2021, 60% of all manufacturing supply chains will have invested in the technology and business processes necessary for resiliency, resulting in productivity improvements of 25%.
ASKER, NORWAY – Kitron reported third quarter revenue of NOK 831 million (US$99.5 million), down 21.2% year-over-year.
STOCKHOLM – Mycronic reported third quarter net sales decreased 8% year-over-year to SEK 986 million (US$114.7 million). Based on constant exchange rates, net sales decreased 9%.
STOCKHOLM – Note reported third quarter sales increased 58% year-over-year to SEK 685 million (US$79.5 million). Adjusted for acquisitions and currency effects, growth was 34%.
SON, THE NETHERLANDS – Neways Electronics reported third quarter sales of €116 million, up 1.3% sequentially but down 4.2% from a year ago, due in part to ongoing supply chain disruptions.
DUNDALK, IRELAND – Flex acquired Anord Mardix in a $540 million all-cash transaction. The acquisition adds to Flex's power products and expands its offering in the data center market.
SAN FRANCISCO -- Tempo Automation and ACE Convergence Acquisition Corp. a special-purpose acquisition company focusing on industrial and enterprise IT, announced today that they have entered into a definitive merger agreement.