GLENVIEW, IL – ITW reported $731 million in fourth quarter revenue for its Test & Measurement and Electronics segment, essentially flat from the same quarter of 2022.
LYNCHBURG, VA – Electronic Design & Manufacturing has appointed Bree Oldham as president and CEO to replace Georgeann Snead, who retired at the end of 2023.
TEMPE, AZ – Benchmark Electronics announced revenue of $691 million for the fourth quarter, a 4% decrease from 2022's fourth quarter.
AUSTIN, TX – Flex reported sales of $7.1 billion for the third quarter of its fiscal year, representing a 9% decrease from the same quarter of 2022.
BENGALURU, INDIA – Wistron has signed a non-binding agreement to invest Rs15 billion ($180.7 million) in the Indian state of Karnataka to set up a laptop manufacturing unit.
NEW DELHI – Dixon Technologies reported revenue of Rs48.2 billion ($580 million) for the third quarter of its fiscal year, doubling the company's sales from the same quarter in 2022.
ATLANTA – Lean Stream, Fuji America Corporation and Koh Young America have partnered to launch a collaborative workspace in Fremont, CA.
TORONTO – Celestica's revenue of $2.14 billion represented a 5% increase compared to the $2.04 billion in revenue for the fourth quarter of 2022.
SAN JOSE, CA – Sanmina reported revenue of $1.87 billion for the first quarter of its fiscal year, a 20.8% year-over-year decrease.
BANNOCKBURN, IL – North American PCB shipments in December were down 18.3% compared to the same month last year, according to IPC's findings in its North American PCB Statistical Program.
LONDON – The semiconductor industry had a challenging year in 2023, but 2024 is now predicted to see a 13% year-over-year sales increase to $588 billion, according to Deloitte's 2024 semiconductor outlook.
BASINGSTOKE, UK – EC Electronics has acquired Dutch EMS provider Liad Electronics, growing EC's presence in mainland Europe and expanding its manufacturing capacity.