NEWARK, NY – IEC Electronics Corp. reported fiscal third quarter revenues of $47.4 million, an increase of 17% year-over-year and 7% sequentially.
SPOKANE VALLEY, WA – Key Tronic Corp. reported fiscal fourth quarter revenue of $116 million, up 10% year-over-year.
MIAMI – Element Solutions reported second quarter Electronics net sales decreased 5% year-over-year to $253 million. Organic net sales decreased 6%.
BANNOCKBURN, IL – IPC is calling on the US Congress to enact a Covid-19 recovery bill and include provisions of importance to everyone who depends on electronics.
OAKLAND, CA – Digicom Electronics doubled the size of its facility here and added manufacturing equipment and additional personnel.
ATLANTA – UP Media Group today announced more than 25 companies will take part as exhibitors in the first PCB West Virtual 2020 this fall.
FRAMINGHAM, MA – Worldwide smartphone shipments decreased 16% year-over-year in the second quarter, according to International Data Corp. In total, companies shipped 278.4 million units.
FRAMINGHAM, MA – After two sequential quarters of decline, the worldwide tablet market recorded 18.6% year-over-year growth in the second quarter, with shipments totaling 38.6 million units, according to International Data Corp. With Covid-related lockdowns continuing to restrict many activities, consumers turned to tablets for entertainment, business, and e-learning.
GLENVIEW, IL – Illinois Tool Works reported second quarter Test & Measurement and Electronics revenue of $455 million, down 14.6% year-over-year and 6.2% sequentially.
BINAN, PHILIPPINES – Integrated Micro-Electronics, Inc. (IMI) reported second quarter revenue of $220.4 million, down 54% year-over-year.
SAN JOSE – Flex reported fiscal first quarter 2021 net sales of $5.2 billion, down 16.6% year-over-year.
SANTA ANA, CA – Ducommun reported Electronic Systems segment net revenue for the second quarter was $92 million, up 3% year-over-year, as a result of $7.7 million higher revenue within the military and space end-use markets due to higher build rates on military fixed-wing aircraft platforms, various missile platforms, and other military and space platforms. This was partially offset by $6 million lower revenue within the commercial aerospace end-use markets due to lower build rates on other commercial aerospace platforms.