MIAMI – Element Solutions reported first quarter electronics net sales increased 21% year-over-year to $427 million. Organic net sales increased 8%.
PASADENA, CA – Continuing electronics supply chain challenges at the beginning of this quarter suggest there will only be pockets of relief through the remainder of 2022 and into 2023 for many commodities, according to new data from Supplyframe.
ARENDAL, NORWAY – Kitron today reported first quarter revenue was NOK 1.4 billion (US$153.1 million), up 52.3% year-over-year.
PENANG, MALAYSIA – Electronics manufacturer Escatec partnered with Zagreb, Croatia-based electronics design house Byte Lab. The deal enables Escatec to offer product development, design and prototyping services in Europe, while Byte Lab will be able to offer its customers manufacturing locations in Malaysia, Switzerland, the UK, the Czech Republic and the US.
TEMPE, AZ – Benchmark Electronics reported first quarter revenue of $636 million, up 25.7%% year-over-year and 0.47% sequentially.
SIEVI, FINLAND – Scanfil reported first quarter revenue was €196.6 million (US$210.7 million), an increase of 20.4% year-over-year.
FONTENAY-AUX-ROSES, FRANCE – Icape Group is preparing its IPO. The printed circuit board distributor had revenue of €169 million (US$182.4 million) in 2021, up 34%. The company aims for revenue of €500 million by 2026.
BANNOCKBURN, IL — The newly appointed IPC Apex Expo Technical Program Committee is inviting engineers, researchers, academics, technical experts and industry leaders to submit technical conference abstracts for IPC Apex Expo 2023, to be held at the San Diego Convention Center Jan. 24-26, 2023.
TAIPEI – Foxconn today said its goal is to achieve net zero greenhouse gas emissions by 2050, according to reports. The iPhone maker aims to reduce carbon emissions 21% by 2025, 42% by 2030, and 63% by 2035.
SON, NETHERLANDS – Neways Electronics reported first quarter net revenue of €134.2 million (US$144.7 million), an increase of 12.4% year-over-year and 12.1% sequentially, driven by strong demand in all sectors.
BANNOCKBURN, IL – Total North American PCB shipments in March were down 11.7% year-over-year and up 5.6% sequentially, according to IPC.
BANNOCKBURN, IL – Total North American EMS shipments in March were up 2.3% compared to the same month last year. Sequentially, March shipments rose 14.3%, says IPC.