FRAMINGHAM, MA – The worldwide tablet market declined 0.6% year-over-year during the fourth quarter, as global shipments fell to 43.5 million units, according to International Data Corp. For 2019, the tablet market shrank 1.5% year-over-year as global shipments totaled 144 million units.
GLENVIEW, IL – Illinois Tool Works reported fourth quarter Test & Measurement and Electronics revenue of $552 million, up 2.6% year-over-year.
TEMPE, AZ – Benchmark cut its outlook for fourth quarter revenue due to impacts of a ransomware incident.
SAN JOSE – Flex reported fiscal third quarter 2020 net sales of $6.5 billion, down 6.7% year-over-year.
SINGAPORE – Kulicke and Soffa reported fiscal first quarter net revenue of $144.3 million, down 8.2% year-over-year and up 3.2% sequentially.
TAIPEI — Some 13,500 Foxconn workers in China will stay home until at least Feb. 13 as a result of China’s viral outbreak.
TORONTO – Celestica reported fourth quarter revenue of $1.49 billion, down 14% year-over-year.
GUAYMAS, MEXICO – Libra Industries has acquired a contract manufacturing facility here formerly run by Benchmark Electronics, according to reports. Libra Guaymas will be Libra’s fifth plant and first international operation.
BANNOCKBURN, IL — IPC has named Matt Kelly chief technologist, a new position in the trade association.
MENOMONEE FALLS, WI – Eastek Automated Circuit Technologies plans to eliminate 36 jobs at its PCB assembly and electromechanical plant here, according to reports.
MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.49 billion in billings worldwide in December, according to SEMI. The billings figure is 17.8% higher than December 2018 and 17.5% higher than November 2019.
SAN JOSE – Sanmina reported fiscal first quarter revenue of $1.8 billion, down 15.9% year-over-year and 2.8% sequentially.