JÖNKÖPING, SWEDEN – Kitron is expanding its facility here to add around 6,000 sq. m. of production space.
BANGKOK – Delta Electronics and Cal-Comp Electronics are partnering to advance the EMS industry by combining Delta’s automation expertise with Cal-Comp’s manufacturing capabilities.
ZEELAND, MI – Automotive electronics manufacturer Gentex has announced the acquisition of all remaining shares of Voxx International for around $120 million.
ST. PETERSBURG, FL – Jabil announced revenue of $7 billion for the first quarter of its fiscal year, down 16.7% from the same quarter last year.
HA NAM PROVINCE, VIETNAM – Wistron reportedly plans to begin operations in January at its new $24.5 million manufacturing plant here.
ATLANTA – After expressing strong confidence for November sales sentiment in all component categories, survey participants projected equally strong pessimism for the December outlook, according to ECIA’s Electronic Component Sales Trend November 2024 survey results.
MEUNG-SUR-LOIRE, FRANCE – All Circuits, one of France's largest EMS providers, is set to be acquired by China's DBG Technology at the beginning of 2025.
SINGAPORE – The global demand for AI and high-performance computing will continue to rise, driving the semiconductor market to grow by over 15% in 2025, according to IDC ’s Worldwide Semiconductor Technology Supply Chain Intelligence report. Major application markets, ranging from cloud data centers to specific industry segments, are expected to undergo upgrades, heralding a new boom for the semiconductor industry.
STOCKHOLM – Note projects sales of at least SEK1 billion ($91 million) for the fourth quarter and full-year revenue of SEK3.4 billion ($309 million) after adjusting its financial forecast.
NEW YORK – Cofactr, a provider of a supply chain and logistics management platform for hardware manufacturers, has raised $17.2 million in a series A investment round.
OULU, FINLAND – Scanfil has lowered its annual revenue forecast due to material shortage challenges and a lowered demand in the fourth quarter.
TOKYO – Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to set a new industry record, reaching $113 billion in 2024 and growing 6.5% year-over-year, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2024.