TAIPEI – Foxconn reported a 19% year-over-year increase in quarterly revenue, totaling NT$1.55 trillion ($48.1 billion), driven by its cloud and networking products segment amid strong AI server demand.

SPOKANE VALLEY, WA – Key Tronic reported revenue of $559.4 million for its full fiscal year, down 4.8% compared to fiscal year 2023.

MINNEAPOLIS – Nortech Systems announced sales of $33.9 million for the second quarter, a decrease of 3.2% from 2023's second quarter.

PATHUMTANI, THAILAND – SVI Public Co. reported second quarter revenue of THB5.94 billion ($162.6 million), up 4.3% from last year's second quarter.

CHICAGO – Three EMS transactions were recorded in the second quarter, down from the five recorded in 2023's second quarter, according to Lincoln International's latest EMS Quarterly Review.

COSTA MESA, CA – Ducommun's second quarter revenue of $197 million marked an increase of 5.2% over last year's second quarter.

WASHINGTON – SIA and the Boston Consulting Group have released a report, “Attracting Chips Investment: Industry Recommendations for Policymakers,” which identifies the following five primary factors that impact investment decisions for semiconductor companies and provides actionable recommendations for governments seeking to grow their domestic semiconductor industry:

TREDEGAR, UK – The Development Bank of Wales has exited Camtronics six years after funding a management buyout of the contract electronics manufacturer.

TAIPEI – Qisda reported revenue of NT$49.9 billion ($1.5 billion) for the first quarter, down 4% from the previous year.

PEACHTREE CITY, GA – The exhibition floor space is sold out for PCB West, the largest exhibition and conference for printed circuit board design, fabrication and assembly in the Silicon Valley, Printed Circuit Engineering Association (PCEA) said today. It is the tenth time in 11 years all booths have been sold for the popular exhibition, PCEA added.

AUSTIN, TX – TechSearch International is projecting a 69% compound annual growth rate for packages using chiplet architectures from 2023 to 2029, according to its latest Advanced Packaging Update.

CHENNAI, INDIA – Syrma SGS Technology reported revenue of INR11.8 billion ($140.6 million) for the first quarter of its fiscal year, an increase of 92.9% from last year's first quarter.