LAVAL, FRANCE – French electronics contractor Cofidur has announced the acquisition of fellow French EMS Seico.

NEEDHAM, MA – Worldwide spending on artificial intelligence, including AI-enabled applications, infrastructure, and related IT and business services, will more than double by 2028 when it is expected to reach $632 billion, according to a new forecast from IDC's Worldwide AI and Generative AI Spending Guide.

ATLANTA – The electronic component sales sentiment rose to 103.4 in July, 4.5 points higher than June and an encouraging sign of positivity entering the second half of the year, ECIA reported in its monthly ECIA's Electronic Component Sales Trend survey.

MILPITAS, CA – The global semiconductor manufacturing industry in the second quarter continued to show signs of improvement with significant growth of IC sales, stabilizing capital expenditure, and an increase in installed wafer fab capacity, SEMI announced in its quarterly Semiconductor Manufacturing Monitor report.

NORTHVALE, NJ – ADM Tronics reported a 12% increase in revenue for the first quarter of its fiscal year, totaling $857,845.

BANGKOK – Fabrinet announced revenue of $2.88 billion for its full financial year, up 8.7% compared to fiscal year 2023.

WALTHAM, MA – Nano Dimension reported record revenue of $15 million for the second quarter, up 2% from last year's second quarter.

VEJLE, DENMARK – GPV saw sales of DKK4.6 billion ($677.8 million) in the first half of the year, down 14% from the first six months of 2023.

TAIPEI – Cal-Comp Electronics reported revenue of THB36.1 billion ($979.4 million) for the second quarter, down 5.9% from 2023's second quarter.

BANNOCKBURN, IL – Sentiment in the electronics industry saw a modest uptick in August, though it remains below the peak observed in April, IPC found in the August Sentiment of the Global Electronics Manufacturing Supply Chain Report.

OSIJEK, CROATIA – Jabil has completed the construction of a new production facility here and plans to begin operations by the end of August.

JASPER, IN – Kimball Electronics reported sales of $1.71 billion for its full fiscal year, down 6% compared to fiscal year 2023.