ST. PETERSBURG, FL – Jabil reported fiscal third quarter net revenue of $6.1 billion, up 12.9% year-over-year.
PENANG -- Motorola has relocated some of its programs from Sanmina plants in China to ones in Penang, a company executive said.
HOFFMAN ESTATES, IL – Omron has promoted Andy Zosel to president and chief executive of its Omron Microscan business.
WESTLAKE, OH – Nordson Corp. appointed Sundaram Nagarajan (Naga) president and CEO, effective Aug. 1.
LONDON – More than 20 billion Wi-Fi devices are forecast to ship between 2019 and 2024, according to ABI Research. Continued growth in traditional markets, alongside traction in mesh networking systems, smart home, automotive, and IoT applications will drive the Wi-Fi market forward to nearly 4 billion annual device shipments by 2024.
LONG ISLAND CITY, NY – Cemtrex today increased its planned reverse stock split to 8:1, from the previously announced 6:1 split.
TURNERSVILLE, NJ – CDM Electronics opened a 9,000 sq. ft. manufacturing and distribution center here.
TAIPEI – Foxconn said it plans to manufacture other electronics at its future Wisconsin site, in addition to the TVs and display panels originally planned.
MACAO, CHINA – Deswell Industries reported net sales for the fiscal year ended Mar. 31 were $66.6 million, up 9.7% compared to fiscal 2018.
MILPITAS, CA — Global fab equipment spending will rebound in 2020, growing 20% to $58.4 billion after dropping 19% to $48.4 billion in 2019, according to SEMI.
TAIPEI – Foxconn reportedly has sufficient capacity outside China to meet Apple’s demand in the American market, according to a new report from Reuters. Moving production could come into play due to fallout from the US-China trade war.