RAAHE, FINLAND – Enics Raahe is moving its electronics manufacturing and assembly services to other manufacturing sites.
TORONTO – SMTC reported fourth quarter revenue of $90.2 million, an increase of 11.6% year-over-year.
ST. PETERSBURG, FL – Jabil reported fiscal second quarter net revenue of $6.1 billion, up 1% year-over-year.
FRAMINGHAM, MA – Worldwide WLAN market revenues declined 6.5% year-over-year in the fourth quarter and 3.9% in 2019, according to International Data Corp.
TAIPEI – Foxconn founder Terry Gou said return to production at the company’s factories in China has "exceeded our expectations" after the coronavirus outbreak temporarily shut down manufacturing, according to reports.
KISTA, SWEDEN – Note reported lost sales in the first quarter of about SEK 20 million (US$2.1 million) as a result of stoppage of manufacturing in China. However, for the past two weeks, production at Note’s plant in China has been running at full capacity.
SAN JOSE – Sanmina does not expect to achieve its previously issued guidance for the second quarter, citing the impact of Covid-19.
BRONSCHHOFEN, SWITZERLAND – Cicor reported 2019 net sales for its microelectronics operations of CHF 61.3 million (US$64.2 million), down 2.6% year-over-year.
PATHUM THANI, THAILAND – Sanmina has expanded its component assembly facility here. The site now has custom packaging and assembly capabilities to manufacture optical, high-speed and radio frequency microelectronic assemblies.
FRAMINGHAM, MA – The escalating coronavirus crisis is already impacting IT markets, as buyers and vendors adjust to a new set of assumptions and a new global economic reality, according to International Data Corp.
FRAMINGHAM, MA – The worldwide market for wearable devices grew 82.3% in the fourth quarter of 2019, reaching a new high of 118.9 million devices shipped, according to International Data Corp.
ALPHARETTA, GA – ECIA chief analyst Dale Ford has released the latest results of its member survey about the impact of Covid-19 on the electronic components supply chain.