SINGAPORE – Avi-Tech reported a 6.4% year-over-year decrease in revenue for the first half of its fiscal year, totaling $16.6 million.

LOVELAND, CO – Kerafol and X2F are partnering to develop thermal management solutions for electronic devices using Kerafol's thermally conductive materials and X2F's controlled-viscosity molding technologies.

CHICAGO – Eight EMS transactions were recorded in the fourth quarter by Lincoln International, a decrease from the 12 recorded in the fourth quarter of 2022.

KUALA LUMPUR – Malaysian EMS company NationGate Holdings has announced the acquisition of Pengang-based Hesechan Industries for RM25 million ($5.2 million).

STOCKHOLM – Mycronic announced sales of SEK5.7 billion ($543.7 million) in 2023, an increase of 11% from the previous year.

SAN JOSE, CA – EMS company Epoch International has announced the relocation of its US headquarters to a new larger facility here.

MILPITAS, CA — Worldwide silicon wafer shipments in 2023 decreased 14.3% to 12,602 million square inches while wafer revenue contracted 10.9% to $12.3 billion over the same period, the SEMI Silicon Manufacturers Group (SMG) reported in its year-end analysis of the silicon wafer industry.

SPOKANE VALLEY, WA – Key Tronic reported revenue of $145.4 million for the second quarter of its fiscal year, up 18% from the same period of fiscal year 2023.

NEEDHAM, MA – Worldwide tablet shipments declined 17.4% year over year in the fourth quarter, totaling 36.8 million units, according to preliminary data from the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker.

BANGKOK – Fabrinet's revenue of $712.7 million in the second quarter of its fiscal year marked a 7% year-over-year increase.

PATHUMTANI, THAILAND – SVI Public Co. reported THB22.7 billion ($655.3 million) in revenue for 2023, a decrease of 12.4% from the previous year.

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.