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CUPERTINO, CA – Apple will spend $500 billion in US investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country, Reuters reported.

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MILPITAS, CA – The global semiconductor manufacturing industry closed 2024 with strong fourth quarter results and solid year-over-year growth across most of the key industry segments, SEMI announced in its Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights.

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BANNOCKBURN, IL – Orders, capacity utilization, and backlogs all increased in the past month, pushing electronics industry demand higher according to IPC’s February Sentiment of the Global Electronics Manufacturing Supply Chain Report.

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OULU, FINLAND – Scanfil reported €779.8 million ($816.9 million) in full-year sales, a decrease of 13.5% compared to the previous year.

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BANNOCKBURN, IL – North American PCB shipments in January were up 19.9% compared to January 2024, IPC announced in findings from its North American PCB Statistical Program. The book- to-bill ratio stands at 1.24.

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DALLAS – Flex has expanded its US manufacturing operations with a new 400,000 sq. ft. facility here, aimed at enhancing its production capabilities for power infrastructure solutions.

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NEW YORK – Vexos has announced expansions of its Ho Chi Minh City, Vietnam, and Vancouver, WA, facilities to meet increasing customer demand.

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MENTOR, OH – Libra Industries is set to close its facility in Northeast Ohio, resulting in the permanent loss of 17 jobs. 

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BANNOCKBURN, IL – Total North American EMS shipments in January were down 2.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.27.

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OSAKA, JAPAN – SIIX announced annual revenue of JPY302.3 billion ($2 billion), down 2.4% from 2023's total.

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TAIPEI – Foxconn is among the companies affected by efforts by China to control the outflow of its technology and keep key technologies within the company, according to a report by The Financial Times.

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STAMFORD, CT – Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2023, according to preliminary results by Gartner. Revenue is projected to total $705 billion in 2025.

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