SAINT-HERBLAIN, FRANCE – Lacroix reported €494.3 million in annual revenue for its Electronics segment, down 12.1% from 2023's total.

TAIPEI – Foxconn's January revenue rose 3.16% year-over-year to NT$538.7 billion ($16.4 billion), the second-highest total the company has reported for the month.

TABY, SWEDEN -- Mycronic reported fourth quarter net sales increased 5% to SEK 2.1 billion ($191.9 million). Based on constant exchange rates, net sales increased 4%. Orders rose 64% to SEK 2.38 billion.

For the year, net sales increased 24% to SEK 7.06 billion ($645 million). Based on constant exchange rates, net sales increased 25%. Orders rose 21% to SEK 7.61 billion.

Mycronic guided for net sales of SEK 7.5 billion ($686 million) in 2025.

"We ended the record year of 2024 with order intake increasing 64% in the fourth quarter, driven by pattern generators and a strong performance in high volume and global technologies," said Anders Lindqvist, president and CEO. "During the quarter, the market in Europe remained weak for High Flex, while the US showed signs of a recovery following the presidential election. The division has gained market share in a weak market, partly as the segments it operates in have reported stronger demand than the market as a whole. During the year, High Flex also increased its sales of complete production lines by more than 50% compared with the preceding year.

"In High Volume, demand improved during the fourth quarter both in the Chinese domestic market and the markets outside of China. This was the case for both the consumer electronics industry and the automotive industry. In the middle of October 2024, Modus High-Tech Electronics was acquired, a Dusseldorf-based provider of automated optical inspection systems for electronics volume production.

"In Global Technologies, investments related to the testing of PCBs used in advanced servers for AI applications continued to drive demand in the PCB test business line. Investments in Southeast Asia by companies reducing their exposure to China also contributed to the healthy demand. In Die Bonding, AI applications continued to support demand for high-speed optical transceivers, leading to good demand for our machines. The third business line, Photonic Interconnects, reported a good order intake in the last quarter of the year."

BANGKOK -- SVI Public Company reported consolidated revenue for the fourth quarter was THB 5.34 billion ($157.4 million), down 4% sequentially but up 1.1% year-over-year.

SPOKANE VALLEY, WA — Key Tronic reported fiscal second revenue of $113.9 million, down from $147.8 million the same period of 2024.

WASHINGTON — The 90-day moving average global semiconductor sales hit $170.9 billion in the fourth quarter, 17.1% more the year ago period and 3% higher than the third quarter, the Semiconductor Industry Association (SIA) announced today.

CRANSTON, RI – AIM Solder has acquired the assets of Canfield Technologies, a fellow producer of solder assembly materials.

GLENVIEW, IL -- Illinois Tool Works today reported fourth quarter revenue at its Test & Measurement and Electronics segment was $747 million, up from $731 million a year ago.

PEACHTREE CITY, GA – FEBRUARY 4, 2025 – Printed Circuit Engineering Association (PCEA) will host a new technical conference and exhibition in June in Detroit for printed circuit designers, design engineers, fabricators and assemblers.

BANGKOK -- Fabrinet today reported fiscal second quarter revenue of $833.6 million, up 17% from $712.7 million a year ago.

AUSTIN, TX -- Co-packaged optics (CPO) demand in the past two years, driven by the deployment of AI training and inferencing models, appears to be making the market a reality by 2026 or 2027 at the latest. 

LYNCHBURG, OH – Mirac Tabronics, an Ohio-based electronics manufacturer, has announced a $2.7 million investment to enhance its capabilities at two production facilities in the state.