EGER, HUNGARY — Eurocircuits is currently in the process of moving into its new assembly facility in Eger, Hungary, with an expected completion of the move by the end of the week.
LODZ, POLAND -- Flex has expanded its footprint here and extended its lease for nonmanufacturing space.
BANNOCKBURN, IL — Over the next six months, manufacturers expect to see continued increase in both labor and material costs, while ease of recruitment and profit margins are likely to remain challenging, according to IPC’s December Global Sentiment of the Electronics Supply Chain Report.
BANNOCKBURN, IL — Total North American PCB shipments in November 2022 were up 26.1% compared to November 2021, according to the IPC's findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.00.
BANNOCKBURN, IL — Total North American EMS shipments in November 2022 were down 0.6% compared to the same month last year, the IPC announced in the November 2022 findings from its North American Electronics Manufacturing Services Statistical Program.
OULU, FINLAND — Scanfil is finishing up a 2,000 sq. m. expansion of its factory in Malmö, Sweden, with the project expected to be completed in January.
BRUSSELS — SEMI has announced key actions proposed by SEMI Europe and European Commission (EC) representatives in consultation with semiconductor industry stakeholders to overcome the skills shortage in Europe’s microelectronics industry. The actions resulted from a Dec. 2 workshop held in Brussels to support the European Chips Act and address challenges and future opportunities for developing skills critical to Europe’s semiconductor ecosystem.
SAN FRANCISCO — Tempo Automation reported revenue of $2.4 million in the third quarter, down 56% from the $5.4 million in revenue in the third quarter of 2021.
HONG KONG — Foxconn, the world's largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell entire equity stake in Chinese chip conglomerate Tsinghua Unigroup.
FRIEDRICHSHAFEN, GERMANY — ZF Group has signed an investment agreement with the Guangzhou Huadu District Government to build a new plant for electronics and advanced driver assistance (ADAS) products in Guangzhou.
SENAI, MALAYSIA — VS Industry Berhad reported first quarter sales of MYR 1.29 billion (US $239 million), an increase of 33% from the MYR 968 million ($219 million) in revenue from the first quarter of last year.
WESTLAKE, OH — Nordson Corporation reported fourth quarter sales of $684 million, a 14% increase from last year's fourth quarter sales of $599 million.