BANNOCKBURN, IL – Orders, capacity utilization, and backlogs all increased in the past month, pushing electronics industry demand higher according to IPC’s February Sentiment of the Global Electronics Manufacturing Supply Chain Report.

OULU, FINLAND – Scanfil reported €779.8 million ($816.9 million) in full-year sales, a decrease of 13.5% compared to the previous year.

BANNOCKBURN, IL – North American PCB shipments in January were up 19.9% compared to January 2024, IPC announced in findings from its North American PCB Statistical Program. The book- to-bill ratio stands at 1.24.

DALLAS – Flex has expanded its US manufacturing operations with a new 400,000 sq. ft. facility here, aimed at enhancing its production capabilities for power infrastructure solutions.

NEW YORK – Vexos has announced expansions of its Ho Chi Minh City, Vietnam, and Vancouver, WA, facilities to meet increasing customer demand.

MENTOR, OH – Libra Industries is set to close its facility in Northeast Ohio, resulting in the permanent loss of 17 jobs. 

BANNOCKBURN, IL – Total North American EMS shipments in January were down 2.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.27.

OSAKA, JAPAN – SIIX announced annual revenue of JPY302.3 billion ($2 billion), down 2.4% from 2023's total.

TAIPEI – Foxconn is among the companies affected by efforts by China to control the outflow of its technology and keep key technologies within the company, according to a report by The Financial Times.

STAMFORD, CT – Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2023, according to preliminary results by Gartner. Revenue is projected to total $705 billion in 2025.

SPOKANE VALLEY, WA – Keytronic plans to build a $28 million manufacturing facility in Springdale, AR, and anticipates creating more than 400 jobs in the next five years.

BILLINGSTAD, NORWAY – Kitron's revenue for the fourth quarter was €160.6 million ($167.5 million), down 19.3% from 2023's fourth quarter.