MAPLE GROVE, MN – AbelConn Electronics opened a 110,000 sq. ft. facility here, where the wholly owned subsidiary of Celestica will provide rapid prototyping, volume manufacturing, and engineering support for the defense and aerospace industries. The new site will also serve customers in other highly regulated markets such as healthtech, industrial and smart energy.
MIAMI – Element Solutions reported second quarter net sales for the Electronics segment increased 51% to $382 million. Organic net sales increased 25%.
NEEDHAM, MA – Chromebook shipments in the second quarter grew 68.6% year-over-year, with volumes reaching 12.3 million units, says International Data Corp. While this wasn't a record quarter for Chromebooks, it wasn’t far off the prior two quarters, which shattered previous highs.
NEEDHAM, MA – The rebound from 2020 continued for smartphones in the second quarter, as overall shipment volumes grew 13.2% year-over-year, according to International Data Corp.
BINAN, PHILIPPINES – Integrated Micro-Electronics reported second quarter revenue of $319 million, up 45% year-over-year and down 2.6% sequentially.
REDMOND, WA – Data I/O Corp. reported second quarter net sales of $6.7 million, up 45% year-over-year.
BANNOCKBURN, IL – Economic growth in the US in 2021 is expected to be 6.6%, while 2022 GDP growth is forecast to be 4.5%, says IPC. Manufacturing output in the US slipped 0.1% last month.
SAN JOSE – Flex posted fiscal first quarter net sales of $6.3 billion, up 23.1% year-over-year.
MINNEAPOLIS – CyberOptics Corp. reported record sales of $25.2 million for the second quarter, an increase of 58% year-over-year.
TEMPE, AZ – Benchmark Electronics reported second quarter sales of $544.6 million, up 10.9% year-over-year and 7.6% sequentially.
MINNEAPOLIS, MN – The SMTA announced the list of accepted speakers for the SMTA International Conference and Exposition, which will be held Nov. 1-4 at the Minneapolis Convention Center.
TORONTO – Celestica reported second quarter revenue of $1.42 billion, down 5% year-over-year.