TAIPEI – Foxconn reported February revenue of $7.3 billion, down 18% year-over-year, the highest monthly decline since 2013.
MINNEAPOLIS, MN – Gregory Vance, Rockwell Automation, will serve as interim SMTA president through the current term ending in September.
WASHINGTON – Worldwide sales of semiconductors were $35.4 billion in January, down 0.3% year-over-year and 2.2% sequentially, says the Semiconductor Industry Association.
TAIPEI – Foxconn expects revenue to fall 15% in consumer electronics and enterprise products during the first quarter but predicts production will return to normal levels during the second quarter, according to reports.
IRVINE, CA – TopLine’s CEO Martin Hart has been awarded a US patent for a fixture designed to deliver 1752 solder columns onto a substrate as part of the ceramic column grid array (CCGA) assembly process.
ZHENGZHOU, CHINA – Foxconn is aiding authorities in the investigation of an off-campus death of a worker employed here, according to reports.
NEENAH, WI -- Plexus today became the latest EMS company to downgrade its financial outlook due to the COVID-19 virus outbreak.
TOKYO – Saki opened a manufacturing plant in Yamato Koriyama City, Nara Prefecture, for the manufacture of 3-D automated x-ray inspection equipment.
BANNOCKBURN, IL — IPC today announced attendance at its signature Apex Expo trade show totaled 8,516 attendees and exhibitor personnel from 61 countries.
FRAMINGHAM, MA – Shipments of smartphones and PCs will be impacted in 2020 due to the coronavirus (COVID-19), but no one is sure how much and for how long. IDC today lowered its earlier forecasts for the two markets, noting the biggest hits are expected to occur in the first half.
SON, THE NETHERLANDS – Neways Electronics International reported 2019 net revenue up 4.9% to €531.7 million (US$583.6 million). The firm attributes growth to the Automotive sector.
BANNOCKBURN, IL — Total North American PCB shipments in January were down 5.2% year-over-year, according to IPC. Sequentially, January shipments decreased 12.7%.