BILLINGSTAD, NORWAY – Kitron reported first quarter revenue up 11% year-over-year to $83.3 million.
CAMBRIDGE, MA – A team of 18 researchers, led by MIT, Berkeley, and BU, reports a technique for assembling on-chip optics and electronics separately, enabling use of more modern transistor technologies. The technique only requires existing manufacturing processes.
ZANDT, GERMANY – Zollner Elektronik said its Zandt headquarters is nearing completion.
SAN FRANCISCO – Tempo Automation has closed a $20 million Series B round to increase its manufacturing capacity and double its team in software engineering, sales, and manufacturing.
TOKYO – TKR Corp., the EMS business of Nippon Manufacturing Services, passed a resolution in February to expand into Vietnam. The tentative name of the new site is TKR Manufacturing Vietnam Co.
FRANKFURT – In 2017, the global microelectronics market grew 21% to $412 billion, the largest growth since the turn of the millennium, according to ZVEI.
STAMFORD, CT – Worldwide PC shipments totaled 61.7 million units in the first quarter, a 1.4% decline year-over-year, according to Gartner. The PC market experienced a 14th consecutive quarter of decline, dating back to the second quarter of 2012.
HELSINKI -- Scanfil raised its outlook for sales and operating profits for 2018, citing stronger-than-estimated customer demand.
FRAMINGHAM, MA – Worldwide shipments of traditional PCs (desktop, notebook, and workstation) in the first quarter totaled 60.4 million units, flat year-over-year, says International Data Corp.
NEVADA CITY, CA – The top 50 EMS companies worldwide surpassed $300 billion in revenue in 2017, up 11.4% year-over-year, says Manufacturing Market Insider (MMI).
POIPET, BANTEAY MEANCHEY, CAMBODIA -- A subsidiary of Sumitronics Manufacturing will build its own factory here, firming up stakes established with the Japan EMS company's leasing of its first plant in the country two years ago.
WARRENDALE, PA -- The Counterfeit Avoidance and Accreditation Program has expanded its scope to include distributors.