MINNEAPOLIS -- Nortech Systems reported first quarter revenue of $34.9 million, up 13.6% from the first quarter of 2022.

SAN JOSE -- Flex today announced net sales of $7.5 billion for its fourth quarter and fiscal year ended March 31, up 9.1% from a year ago.

HAUPPAUGE, NY – Orbit International announced that bookings from its Electronics Group in April were $1.74 million. Deliveries for some of these orders have already commenced and are expected to continue through the first quarter of 2024.

TAIPEI – Foxconn's revenue in April fell 11.77% year-on-year due to weakness in smart consumer electronics, and the company said it expects business to drop this quarter.

VEJLE, DENMARK – GPV announced record first-quarter revenue of DKK2.7 billion ($398 million), a threefold increase from the first quarter of 2022, due in large part to the company's merger with Enics that took effect last October.

ELK GROVE VILLAGE, IL – SigmaTron has announced that it reached an agreement in late April to sell a majority position of its wholly owned subsidiary, Wagz, to Vynetic.

TEMPE, AZ – Benchmark Electronics saw revenue increase 9% year-over-year to total $695 million for the first quarter.

SANTA ANA, CA – Ducommun reported revenue of $105.6 million for its Electronic Systems segment in the first quarter, up 8.3% compared to the revenue of $97.5 million for the first quarter of 2022.

MELVILLE, NY – Micross Components has announced the acquisition of Technograph Microcircuits, a provider of hybrid integrated circuits, RF & microwave products, optoelectronics, and PCB assembly.

WASHINGTON – Worldwide sales of semiconductors totaled $119.5 billion during the first quarter of 2023, a decrease of 8.7% compared to the fourth quarter of 2022 and 21.3% less than the first quarter of 2022, according to the Semiconductor Industry Association's monthly findings.

SPOKANE VALLEY, WA – Key Tronic reported revenue of $164.6 million for the third quarter of its fiscal year, up 19% from $138.4 million in the same period of fiscal year 2022.

ATLANTA – The electronic component sales sentiment declined by 1.9 points in April, marking the second consecutive month of slightly lower results, but the outlook for May is considerably higher in the ECIA's monthly Electronic Component Sales Trend (ECST) survey.