BIÑAN, PHILIPPINES – Integrated Micro-Electronics CEO Arthur Tan will be stepping down as CEO in April, the company announced.
SAINT HERBLAIN, FRANCE – Lacroix reported revenue of €193.8 million ($209 million) for the fourth quarter, an increase of 1.3% from the fourth quarter of 2022.
LYON, FRANCE – DRAM demand bits remained low during the memory market winter, except for AI servers and automotive electronics, while generative AI applications like ChatGPT drove interest in high-speed memory technologies like DDR5 DRAM and HBM (High Bandwidth Memory), especially in data centers.
PEACHTREE CITY, GA – PCEA Training is offering two upcoming five-day training classes starting in April and June for printed circuit engineers, layout professionals, and other individuals currently serving in the design engineering industry or seeking to get into it. The classes include an optional certification exam recognized by the Printed Circuit Engineering Association (PCEA).
SINGAPORE – Avi-Tech reported a 6.4% year-over-year decrease in revenue for the first half of its fiscal year, totaling $16.6 million.
LOVELAND, CO – Kerafol and X2F are partnering to develop thermal management solutions for electronic devices using Kerafol's thermally conductive materials and X2F's controlled-viscosity molding technologies.
CHICAGO – Eight EMS transactions were recorded in the fourth quarter by Lincoln International, a decrease from the 12 recorded in the fourth quarter of 2022.
KUALA LUMPUR – Malaysian EMS company NationGate Holdings has announced the acquisition of Pengang-based Hesechan Industries for RM25 million ($5.2 million).
STOCKHOLM – Mycronic announced sales of SEK5.7 billion ($543.7 million) in 2023, an increase of 11% from the previous year.
SAN JOSE, CA – EMS company Epoch International has announced the relocation of its US headquarters to a new larger facility here.
MILPITAS, CA — Worldwide silicon wafer shipments in 2023 decreased 14.3% to 12,602 million square inches while wafer revenue contracted 10.9% to $12.3 billion over the same period, the SEMI Silicon Manufacturers Group (SMG) reported in its year-end analysis of the silicon wafer industry.
SPOKANE VALLEY, WA – Key Tronic reported revenue of $145.4 million for the second quarter of its fiscal year, up 18% from the same period of fiscal year 2023.