TAIPEI – Foxconn founder Terry Gou said Taiwan's businesses are hoping for continued peace between the US and China amid increased tensions between the two nations.

PASADENA, CA – Procurement professionals are now enjoying a degree of negotiation power that they have not experienced in years due to an improved environment for the buy-side of the electronics supply chain marked by falling lead times, stubborn inventory, uneven demand, and mostly declining pricing, according to new Commodity IQ data from Supplyframe.

SAN FRANCISCO – Tempo Automation has received a letter from Nasdaq's Listing Qualifications Department notifying the company that it no longer meets the requirements for continued listing on the Nasdaq Global Market because it has not filed a quarterly financial report for the period ended June 30.

WESTLAKE, OH – Nordson's Advanced Technology Solutions sales of $140 million were a decrease of 3% compared to the prior year's third quarter.

WALTHAM, MA – Nano Dimension saw $14.7 million in revenue in the second quarter, marking a 33% increase over last year's second quarter.

BANGKOK – Fabrinet's FY2023 revenue of $2.65 billion represented a 17.3% increase compared to the $2.26 billion in revenue for fiscal year 2022.

WYLIE, TX – StenTech has announced the successful acquisition of stencil manufacturer Photo Etch Technology, along with its affiliate Utz Technologies.

KARNATAKA, INDIA – Kaynes Technology India expects a 30-50% compound annual growth rate in revenue over the next three to five years, according to a company executive.

SPOKANE VALLEY, WA – Keytronic announced total revenue of $588.1 million for its 2023 fiscal year, a company record and an increase of 11% from the $531.8 million in revenue for fiscal year 2022.

CAIRO – The Information Technology Industry Development Agency (ITIDA) and the German Agency for International Cooperation (GIZ) have signed a memorandum of understanding to promote Egypt’s offshoring sector and integrate Industry 4.0 digital technologies in local electronics manufacturing.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today announced Louis Feinstein of Dassault Systèmes will keynote the PCB West conference and exhibition in September.

CHICAGO – Five EMS transactions were recorded in the second quarter, representing an increase from the four recorded in the second quarter of 2022 but a decrease from the nine transactions recorded 2021's second quarter, according to Lincoln International.