SPOKANE VALLEY, WA – EMS provider Key Tronic has resumed operations in Juarez, after announcing the temporary closure of its production facilities as a result of new restrictions by the Mexican government last week.
SAN JOSE – Sanmina reported fiscal second quarter revenue of $1.6 billion, down 25.2% year-over-year and 13.6% sequentially.
PITTSBURGH – Intervala has acquired electronics manufacturing services provider Princeton Technology for an undisclosed sum. Effective with the closing of the transaction, Princeton Technology began operating under the Intervala name.
SIEVI, FINLAND – Scanfil Group reported first quarter revenue of €144.1 million (US$156.2 million), up 10.9% year-over-year.
ARLINGTON, VA – Core tech device shipments such as smartphones, TVs and laptops will decline in 2020 as consumers struggle with economic uncertainty from the Covid-19 pandemic, according to the Consumer Technology Association.
MILPITAS, CA – North America-based semiconductor equipment manufacturers posted $2.21 billion in billings worldwide in March, according to SEMI, up 20.1% year-over-year and down 6.8% sequentially.
MIAMI – Computer power supplies, certain printed circuit assemblies and wiring harnesses were among the latest exclusions to the China tariffs announced today.
ELK GROVE VILLAGE, IL – SigmaTron International has received a Small Business Administration Payroll Protection Loan of approximately $6.3 million, pursuant to the Coronavirus Aid, Relief and Economic Security Act on Apr. 23.
MINNEAPOLIS – CyberOptics reported first quarter sales of $16.4 million, an increase of 10% year-over-year.
JUAREZ, MEXICO – As a result of the Mexican government’s new restrictions, Key Tronic is temporarily closing its production facilities here, which could potentially last until May 30, unless further extended.
TABY, SWEDEN – Mycronic reported first quarter net sales decreased 33% to SEK 736 million (US$73.2 million) and 35% based on constant exchange rates.
KISTA, SWEDEN – Note reported first quarter sales increased 17% year-over-year to SEK 475 million (US$47.4 million).