BINAN, PHILIPPINES – Cirtek Holdings Philippines reported first quarter gross revenues up 6% year-over-year to $22.3 million due to an increase in orders for its antenna products, say reports.

FRANKFURT – In April, German electronics industry exports dropped 20% to €13.5 billion compared to April 2019, according to ZVEI.

SAN JOSE – The Air Force Research Laboratory will invest $154 million in Nextflex during the next seven years to fund development of 3-D printed electronics that can support military operations and defense manufacturing.

ST. PETERSBURG, FL – With expenses continuing to rise due to the Covid-19 pandemic, Jabil said it would cut its workforce globally by 1,500. The moves will save the EMS company $50 million a year.

ATLANTA – According to ECIA’s most recent Covid-19 survey ended June 12, responses across a range of measures reflect renewing optimism among supply chain participants consistent with improvements seen in general business metrics.

ST. PETERSBURG, FL – Jabil beat revenue estimates for the May period, reporting preliminary fiscal third quarter net revenue of $6.3 billion, up 3.3% year-over-year. The net loss was $50.3 million, compared to net income of $44 million for the same quarter last year.

FRAMINGHAM, MA – IDC lowered its 2020 forecast for spending on Internet of Things devices to 8.2%, but said double-digit growth rates will return in 2021.

SANTA CLARA, CA – Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the US defense industry and work on new technology, according to reports.

BANNOCKBURN, IL – IPC and International Aerospace Environmental Group issued a statement encouraging use of IPC-1754, Materials and Substances Declaration for Aerospace and Defense and Other Industries, in the aerospace and defense industry and its global supply chain.

SENAI, MALAYSIA – After lockdown, VS Industry has resumed work at its China operations, for which it expects losses to be lower this financial year compared to 2019.

SENAI, MALAYSIA – Enics is opening a 10,000 sq. m. high-volume electronics manufacturing facility here in early 2021.

TAIPEI – Pegatron reported consolidated revenues of NT$114.1 billion (US$3.8 billion) for May, up 16% year-over-year and 10% sequentially.