WASHINGTON – The Semiconductor Industry Association (SIA) has reported a strong second quarter for global semiconductor sales, totaling $179.7 billion, up 7.8% from the first quarter. For June alone, sales reached $59.9 billion, reflecting a 1.5% increase from May and a 19.6% year-over-year jump compared to June last year.
ATLANTA -- Sales sentiment among component vendors remains strong in July across all product segments and end-markets, a new survey by ECIA revealed.
Nearly 15 years have passed since Solyndra went out of business, but its specter hangs over the US government to this day as a warning of the risk of federal intrusion in a capitalist world.
Solyndra, of course, represented the US’s attempt to bolster the sustainable energy industry, specifically solar. The intentions were noble: solar was seen as a safe respite from combustible sources like oil and natural gas, which are expensive, nonrenewable and dirty.
But corruption and mismanagement conspired to drain its coffers. The resulting bankruptcy ultimately cost taxpayers more than $500 million in unreimbursed loans.
The financial hit, however, was nothing compared to the surgical job it did on the collective congressional spine. “Strategic investments” became a fool’s term, something you said if you wanted to be primaried.
TEMPE, AZ -- Benchmark Electronics reported second quarter revenue of $642 million, down 3.6% from $666 million in 2024.
MIAMI -- Element Solutions announced second quarter sales at its Electronics unit increased 12% year over year to $439 million.
PORTO, PORTUGAL -- Critical Manufacturing today announced the acquisition of Convanit, an AI specialist focused on image-based analytics for high-tech manufacturing.
ATLANTA -- Sales sentiment among passive component manufacturers leapt 28.4 points sequentially in June, the ECIA said.
BANNOCKBURN, IL -- North American PCB shipments in June fell 8.6% on a 90-day moving basis versus a year ago.
BANNOCKBURN, IL -- The 90-day shipments at North American electronics manufacturing services companies in June rose 3% from a year ago, the Global Electronics Association said today.
MILPITAS, CA — Worldwide silicon wafer shipments increased 9.6% year-on-year to 3.33 billion square inches (MSI) from the 3.04 billion MSI recorded during the same quarter of 2024, the SEMI Silicon Manufacturers Group (SMG) reported today.
HELSINKI – Incap Corporation posted a dip in revenue and profits for the first half of the year, citing delayed customer projects and unfavorable currency exchange rates as key drivers.
SAN JOSE, CA – Flex reported first-quarter fiscal revenue of $6.6 billion, up 4.6% year over year from $6.31 billion, beating expectations by $290 million. For the second quarter, Flex forecasts revenue between $6.5 billion and $6.8 billion.