GERMANY / SUDBURY, MA – DELO reported $265 million in revenue, up 7% year-over-year, setting a new company record despite global economic volatility. Asia accounted for 56% of total revenue, making it DELO’s largest regional market, with additional strong growth from Brazil and India.
JASPER, IN – Kimball Electronics reported its third quarter results, showing a 12% decline in net sales to $374.6 million, compared to $425 million last year. Operating income rose to $11.7 million, reversing last year's loss of $6.4 million, while adjusted operating income remained steady at 4.2%. The company also reported a positive net income of $3.8 million, compared to a loss of $6.1 million in Q3 2024.
CALGARY, AB – Kaynes Technology India Limited has announced the acquisition of Canada-based August Electronics through its subsidiary, Kaynes Canada Limited. The transaction is expected to close by the end of May, pending regulatory approvals.
AUSTIN, TX – Flex reported a quarterly revenue of $6.4 billion, up 1.6% year-over-year.
THAILAND – SVI Public Company Limited reported a net profit of $3.9 million for the first quarter. The company faced a 17.2% year-over-year revenue decline, mainly due to economic uncertainty.
MANASSAS, VA – Zestron has introduced its Reliability and Solutions (R&S) service for printed circuit assembly failure analysis. The service covers design to high-volume production.
TAIWAN – Foxconn reported record consolidated revenue of $21.3 billion for April, up 16.1% from March and 25.5% year-over-year. The growth was driven by strong shipments of AI cloud products, particularly components tied to Nvidia’s GB200 platform, including GPU modules and full system assemblies.
WASHINGTON – Semiconductor sales of $167.7 billion in the first quarter, up 18.8% from the same time the previous year, but down 2.8% from the previous quarter, the Semiconductor Industry Association (SIA) reported.
ATLANTA -- Calling the tariffs levied by the US and China "crippling," the Electronic Components Industry Association said sales sentiment plummeted in April.
It’s not often you get the chance to talk shop with Hayao Nakahara, Gene Weiner, Tom Kastner and David Schild. When you do, you’re best off sitting back and listening.
That was the order of the day during the PCB East conference last month. Under the auspices of another media group, I was asked to moderate a panel on the future of PCB manufacturing in North America. And while journalists are often thought of as the seers of the industry, we are, in fact, more purveyors of others’ insights, versus prognosticators in our own right.
As the booths are rolled up and the last coffee cup is cleared from the Boxboro Regency, I find myself reflecting on my first PCB East – equal parts conference, class reunion and boot camp in the best possible way.
GLENVIEW, IL – The electronics unit of Illinois Tool Works reported revenue of $652 million, with operating income of $139 million and an operating margin of 21.4%.