SAN FRANCISCO, CA – Tempo Automation saw $2.8 million in revenue for the first quarter, a decrease of 39% compared to the revenue of $3.9 million in the first quarter of 2022.
LOUISVILLE, KY – Sypris reported revenue of $32.3 million for the first quarter, a 23.4% year-over-year increase from the $26.2 million in revenue for last year's first quarter.
MUNICH – Katek announced revenue of €200.4 million ($217.8 million) for the first quarter, a 26.4% increase from the same quarter of 2022.
SAINT-HERBLAIN, FRANCE – Lacroix has temporarily closed three of its manufacturing facilities after suffering a cyberattack over the weekend.
FONTENAY-AUX-ROSES, FRANCE – Icape Group reported revenue of €51.7 million ($56.1 million) for the first quarter, a 5.8% decrease from the €54.8 million ($59.5 million) in revenue for the same quarter in 2022.
SAN JOSE, CA – Sanmina announced revenue of $2.32 billion for the second quarter of its fiscal year.
LYON, FRANCE – Éolane is launching a new subsidiary in Penang, Malaysia, which will include a new factory to better serve its customers as closely as possible to their markets, especially those of the Asia-Pacific Economic Cooperation (APEC).
WASHINGTON, DC -- New bipartisan legislation introduced by US Representatives Blake Moore (R-UT) and Anna Eshoo (D-CA) encourages investment in a trusted, reliable domestic source of PCBs and substrates, and is generating plaudits from an industry association dedicated to building the domestic printed board industry.
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.