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ATLANTA — The electronic components sales sentiment index in February moved into positive territory for the first time in 21 months with a score of 100.8, according to ECIA's monthly Electronic Component Sales Trend survey.

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TAIPEI – Global Brands Manufacture announced annual revenue of NT$22.9 billion ($726.3 million), down 5.7% from 2022.

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BRONSCHHOFEN, SWITZERLAND – Cicor Group has announced its acquisition of TT Electronics IoT Solutions and its three production sites in the UK and China.

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TAIPEI – Foxconn's revenue in February fell 12.33% year-over-year, and the company expects first quarter revenue to decline on a yearly basis.

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WASHINGTON – Global semiconductor industry sales totaled $47.6 billion in January, an increase of 15.2% compared to the January 2023 total of $41.3 billion but a decrease of 2.1% from December's total of $48.7 billion, the Semiconductor Industry Association announced.

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VANCOUVER, WA – Jabil plans to close its site here in May and lay off 120 workers.

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KUALA LUMPUR – Malaysian contract manufacturer Ge-Shen will purchase a 40% stake in EMS firm Local Assembly to expand its presence in electronics manufacturing.

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NORTH YORK, ON – ZTest announced $4.2 million in revenue for the six-month period ending on Dec. 31, a record for the company and an 88% year-over-year increase.

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SINGAPORE – ASMPT reported revenue of $435.4 million for the fourth quarter, a year-over-year decrease of 21.4%.

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EL SALTO, MEXICO – Foxconn has purchased an NT827 million ($26.5 million) plot of land here with the aim to bolster its AI server production capabilities.

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TECATE, MEXICO – OSI Electronics has opened a new manufacturing facility here to expand its capabilities in North America.

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MOORESVILLE, NC -- General Microcircuits, a subsidiary of East West Manufacturing, will close this year and lay off about 100 workers, according to a mandatory government filing.

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