FORT LAUDERDALE, FL – Element Solutions posted fourth quarter electronics net sales down 4% year-over-year to $272 million. Electronics segment adjusted EBITDA was $63 million, up 7% year-over-year.
ORADEA, ROMANIA – Celestica will lay off some 450 people at its Romanian subsidiary, according to reports.
TAMPA -- An expert in printed circuit board procurement is encouraging buyers to seek rebates for tariffs paid on some types of PCBs no longer taxed under US trade rules.
ATLANTA, GA – The exhibition floor for PCB West is sold out for the ninth straight year, UP Media Group Inc. said today. The annual show, the largest conference and exhibition for printed circuit board design, fabrication and assembly in the Silicon Valley, returns to the Santa Clara (CA) Exhibition Center on September 8-11.
BANNOCKBURN, IL — Electronics manufacturers anticipate at least a five-week product shipment delay from suppliers due to the coronavirus epidemic, according to a survey conducted by IPC.
ST. PETERSBURG, FL – Jabil said the coronavirus epidemic will affect its second quarter earnings.
FOUNTAIN INN, SC – AVX and Kyocera have entered into a definitive merger agreement, under which Kyocera will pay cash for all outstanding shares of common stock of AVX not owned by Kyocera.
MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.34 billion in billings worldwide in January (three-month average basis), according to SEMI.
SANTA ANA, CA – Ducommun reported fourth quarter Electronic Systems net revenue was $96.3 million, growth of 12.9% year-over-year.
TAIPEI – Foxconn is restarting production at its main plants in China and cautioned 2020 revenue will be negatively affected by the coronavirus epidemic, according to reports. The firm did not provide an estimate of how much revenue will be hit.