ST. PETERSBURG, FL -- Jabil today reported preliminary, unaudited fiscal fourth quarter net revenue of $9 billion, up 21.6% year-over-year.

BANNOCKBURN, IL — The 90-day moving average shipments of printed circuit boards by North American fabricators in August rose 15.1% from a year ago.

MINNEAPOLIS -- The SMTA is proud to honor the 2022 “Members of Distinction” award recipients who have shown exceptional dedication to the association and the electronics manufacturing industry.

The association’s highest honor, the Founder’s Award, recognizes members who have made exceptional contributions to the industry, as well as support and service to the SMTA. This year, the organization selected Irene Sterian (posthumously) to receive this prestigious award. In her corporate and industry leadership roles, Irene influenced and inspired many in the SMTA and the electronics industry for decades. She was an especially bright spark encouraging countless women in technology. A member since 2003, Irene served on the SMTA Global Board of Directors from 2004-09. She continued to support various SMTA conferences, committees, and mentorship efforts over the years. SMTA and the electronics industry have benefited immensely from Irene's contributions over the years and her death earlier this year was a great loss for everyone that knew her.

The Member of Technical Distinction Award recognizes individuals who have made significant and continuing technical contributions to the association. This year the Awards Committee selected Richard Coyle, Ph.D., Nokia Bell Labs, as the recipient of this award. A former VP of Technical Programs on the SMTA Global Board of Directors, Richard has presented numerous award-winning technical papers at SMTA conferences and supported several technical committees over the years. The Excellence in Leadership Award honors strong leaders who continue to support and elevate the association. This year the award goes to both Jeff Schake, ASM Assembly Systems, and Sherry Stepp, KYZEN Corporation. The SMTA thanks Sherry and Jeff for their many valuable years of service.

Jeff Schake joined SMTA in 2004 with regular participation in technical activities and committees over the years. Jeff has diligently supported his local Empire (NY) Chapter in a leadership role since 2016, becoming chapter president in 2019. His efforts have significantly improved the engagement of members within their chapter as well as at a global level.

Sherry Stepp has been an advocate for the SMTA on a national, international, and most recently at the local level. Since she joined SMTA in 2009 Sherry has been an important voice with the Marcom Committee, the Women’s Leadership Program, and the Expos Committee. Since 2020 she took on leadership roles with her local Huntsville chapter, first as President and most recently as VP of Membership.

The Excellence in International Leadership Award recognizes members who have provided outstanding support and leadership to the SMTA's international members, chapters, or educational programs. The recipient selected for this award is Morgana Ribas, MacDermid Alpha Electronics Solutions. Morgana has been a prominent leader in the SMTA India – Bangalore Chapter for several years as well as supporting association activities globally.

Lockheed Martin received the SMTA+ Corporate Partnership Award this year. As a Corporate Bronze member, Lockheed Martin has shown support at every level of the association from supporting chapter leadership positions to technical contributions for conferences and committees. They embody the SMTA mission by encouraging employees to become members, attend meetings and share their knowledge. Lockheed Martin is most deserving of this honor.

SMTA has recognized exceptional individual and corporate members for their immeasurable contributions to the association since 1994.

PCB West: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

NEEDHAM, MA – The wearables market faced another challenging period in the second quarter as global shipments declined 6.9% year over year to 107.4 million units according to new data from IDC.

MUNICH -- A consortium of Fraunhofer institutes and German industrial companies is developing a split-manufacturing approach for semiconductor production in the project "Distributed Manufacturing for Novel and Trustworthy Electronics T4T."

SAN FRANCISCO -- Tempo Automation expects its planned transaction with ACE Convergence Acquisition will close in the current quarter, company management told financial analysts last week.

PEACHTREE CITY, GA – Registrants for the PCB West exhibition this fall will gain access to nine free technical sessions, the Printed Circuit Engineering Association announced today.

PEACHTREE CITY, GA – SEPTEMBER 12, 2022 – The Printed Circuit Engineering Association (PCEA) seeks abstracts for the upcoming PCB East technical conference, coming to the Boston suburbs next spring.

ELK GROVE VILLAGE, IL -- SigmaTron International today reported fiscal first quarter revenues increased 23% to $105.5 million while net income dropped against last year, when the profits were boosted by PPP loan forgiveness.

For the first quarter ended July 31, net income was $1.38 million, versus $8.8 million a year ago, including $6.28 million from the forgiveness of the PPP loan. Pretax profit was $1.91 million including an expected pretax loss of $2.22 million Wagz, the firm's pet tech IoT start-up. The pretax profit for first quarter 2022 was $9.56 million, which included a one-time gain from the forgiveness of the PPP loan and before SigmaTron acquired Wagz.

“I’m pleased to report a solid quarter for the beginning of fiscal 2023," said Gary R. Fairhead, chief executive and chairman. Comparisons between the first quarter of fiscal 2022 and the first quarter of fiscal 2023 are difficult. The backlog for the EMS segment remains strong and growing. Despite continuing challenges in the electronic component marketplace, sales are running at record levels for the company.

We continue to see strength in the industrial marketplace. Existing customers are slowly launching new products and we have several new opportunities that look promising. Unfortunately, we see no end in sight to the supply chain challenges that we have been dealing with for at least 18 months and none of the semiconductor companies are suggesting otherwise. The challenges will certainly continue for the balance of fiscal 2023, based on what we know at this time. This of course causes our inventory to grow significantly and puts pressure on cash flow. It also leads to manufacturing inefficiencies due to the uncertainty of when parts will be received.”

“The Pet Tech Segment had a loss for the first quarter as anticipated. We continue to make progress with the performance of the Freedom Smart Dog Collar, as well as a new product that will be introduced early next year. We are also working on related products with several large OEMs, and interest in pet tech remains strong. We remain optimistic that this will be an important part of our future as our product line and capabilities grow in this IoT market.”

PCB West: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

ANDOVER, UK -- Custom Interconnect Ltd. announced it is creating an advanced semiconductor packaging, power device and volume printed circuit board assembly manufacturing facility in the UK.

SINGAPORE -- A Kulicke and Soffa subsidiary has signed a definitive agreement to acquire Advanced Jet Automation, a Taiwanese OEM of high-precision micro dispensing equipment and solutions.

MILPITAS, CA – Global semiconductor equipment billings rose 7% sequentially in the second quarter and 6% year-over-year, SEMI announced today.