JUAREZ, MEXICO – Vexos has added to its presence in North America with a new 40,000 sq. ft. manufacturing facility here.

KUALA LUMPUR – VS Industry has earmarked around RM60 million ($12.9 million) for capital expenditures in 2024, which will be channeled towards optimizing costs.

ATLANTA – Participants in the electronic components supply chain are suddenly and strikingly optimistic in their expectations for January after a year of overall index scores languishing between 72.2 and 90.6, according to ECIA's most recent survey.

YOUNGSVILLE, NC – East West Manufacturing will close its facility here in March and lay off 107 workers there, according to paperwork filed with the North Carolina Department of Commerce.

TAIPEI – Foxconn expects a year-over-year drop in revenue in the first quarter of 2024 after slower market demand impacted the prior quarter.

CHENNAI, INDIA – Syrma SGS Technology has announced the incorporation of a new wholly owned subsidiary, Syrma Mobility Private Limited.

WALTHAM, MA – Nano Dimension reported preliminary revenue of approximately $14.3 million for the fourth quarter, an increase of 18% from the fourth quarter of 2022.

GURGAON, INDIA – Indian EMS provider Amber Enterprises, through its subsidiary Iljin Electronics, has acquired a 60% stake in PCB maker Ascent Circuits for an undisclosed sum.

SZEGED, HUNGARY – BYD, the world's largest electronic vehicle manufacturer, will build an assembly plant here, its first production facility for EVs in Europe.

MILPITAS, CA — Global semiconductor capacity is expected to increase 6.4% in 2024 to top the 30 million wafers per month (wpm) mark for the first time after rising 5.5% to 29.6 wpm in 2023, SEMI announced today.

BANNOCKBURN, IL – Total North American EMS shipments in November were up 0.2% compared to the same month last year, according to IPC's North American EMS Statistical Program.

STAMFORD, CT – Global semiconductor revenue is projected to grow 16.8% in 2024 to total $624 billion, according to the latest forecast from Gartner. In 2023, the market is forecast to decline 10.9% and reach $534 billion.