TAIPEI – Foxconn announced January revenue of NT522.1 billion ($16.66 billion), down 20.9% year-over-year but up 13.5% compared to December's total.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) will sponsor a pair of one-hour webinars over the next month on two topics of high interest to electronics design, fabrication and assembly professionals: artificial intelligence and thermal management. 

WASHINGTON – Global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, which was the industry’s highest-ever annual total, according to the Semiconductor Industry Association.

HYDERABAD, INDIA – Apollo Microsystems reported a 10.9% year-over-year growth in revenue for the third quarter of its fiscal year, totaling Rs91.3 crore ($11 million).

TORONTO -- Celestica is expanding at electronics manufacturing sites in Thailand and Malaysia in anticipation of greater demand for hyperscale computing applications, the company said on a conference call this week.

BENGALURU, INDIA – Tata and Pegatron are reportedly in talks to form a partnership to run an iPhone assembly plant in the Indian state of Tamil Nadu.

GLENVIEW, IL – ITW reported $731 million in fourth quarter revenue for its Test & Measurement and Electronics segment, essentially flat from the same quarter of 2022.

LYNCHBURG, VA – Electronic Design & Manufacturing has appointed Bree Oldham as president and CEO to replace Georgeann Snead, who retired at the end of 2023.

TEMPE, AZ – Benchmark Electronics announced revenue of $691 million for the fourth quarter, a 4% decrease from 2022's fourth quarter.

AUSTIN, TX – Flex reported sales of $7.1 billion for the third quarter of its fiscal year, representing a 9% decrease from the same quarter of 2022.

BENGALURU, INDIA – Wistron has signed a non-binding agreement to invest Rs15 billion ($180.7 million) in the Indian state of Karnataka to set up a laptop manufacturing unit.

NEW DELHI – Dixon Technologies reported revenue of Rs48.2 billion ($580 million) for the third quarter of its fiscal year, doubling the company's sales from the same quarter in 2022.