ST. PETERSBURG, FL – Jabil posted fiscal third quarter net revenue of $8.3 billion, up 15.4% year-over-year.

JALISCO, MEXICO – Flex today said it is building a new 145,000 sq. ft. facility here.

PHRAEKSA, THAILAND – GPV Mechanics is constructing a 12,000m² mechanics manufacturing factory in Thailand.

MALAGA, SPAIN -- A subsidiary of Sky One France has acquired EMS provider Malaga Aerospace Defense & Electronics Systems SAU (MADES) from American Industrial Acquisition Corp. (AIAC).

MENTOR, OH ― Libra Industries anticipates year-over-year growth of more than 30% in 2022. The company has seen strong growth across all facilities and verticals and has expanded in the semiconductor sector.

ROCKVILLE, MD – The drone industry is predicted to develop at a CAGR of 25% between 2022 and 2032, reaching $279 billion, according to Fact.MR.

BANNOCKBURN, IL — Nine in 10 electronics manufacturers surveyed are currently experiencing rising material costs, while 86% of electronics manufacturers are concerned about inflation, according to new data from IPC.

OCEAN TOWNSHIP, NJ – PCB Technologies is launching a subsidiary to provide system-in-package solutions. Beginning in July, iNPACK will focus on high-end technology that contributes to improved signal integrity and reduces unwanted inductance effects.

ATLANTA – In May, all major electronic component categories achieved solid, positive sales sentiment, with semiconductors demonstrating the highest overall sentiment of 123.1 and passives coming in with the lowest average of 112.5, according to ECIA’s latest report.

MORRISVILLE, NC – iNEMI was awarded $290,865 from the National Institute of Standards and Technology's Advanced Manufacturing Technology Roadmap Program to develop a 5G/6G roadmap.

TAIPEI – Foxconn reported May revenue of NT$497.8 billion (US$16.9 billion), up 9.4% year-over-year and 2.3% sequentially, according to reports, the highest revenue for May in the company’s history.

SCOTTSDALE, AZ – Despite rampant inflation, soaring energy costs, ongoing glitches in supply chains, recent Covid-19 virus lockdowns in China, and Russia’s war with Ukraine, IC Insights continues to anticipate an 11% increase in total semiconductor sales this year, the same growth rate forecast in January.  The semiconductor market is expected to reach record-high sales of $680.7 billion in 2022.