ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal third quarter revenues decreased 2.2% year-over-year to $67.4 million.
BANNOCKBURN, IL – IPC released five revised standards covering several areas of the supply chain: IPC/WHMA-A-620D, Requirements and Acceptance for Cable and Wire Harness Assemblies; IPC-2223E, Sectional Design Standard for Flexible/Rigid-Flexible Printed Boards; IPC-2591-Version 1.1, Connected Factory Exchange (CFX); IPC-1791A, Trusted Electronic Designer, Fabricator and Assembler Requirements; and IPC-6012E, Qualification and Performance Specification for Rigid Printed Boards.
SHANGHAI – Postponed due to Covid-19, the Productronica China and Electronica China trade shows have been rescheduled for July 3-5 here. The shows were scheduled to take place in March but were postponed due to the outbreak of the disease.
IRVINE, CA – Vision Engineering opened a 2,700 sq. ft. technology collaboration and training facility here.
SAN JOSE – Flex said it expects 2020 results to be negatively impacted by COVID-19, and the company will not meet current guidance.
VEJLE, DENMARK – GPV reported 2019 revenues of DKK 2.86 billion (US$438.4 million), up 134.4% year-over-year.
HERTFORDSHIRE, UK – The global consumer electronics market will see a full-year decline of 2-5% in retail value terms, while in the long-term, consumer electronics vendors will look to diversify their supply chains, according to Futuresource Consulting.
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.