SANTA ANA, CA – Ducommun reported second quarter net revenue at its Electronic Systems unit was $81.8 million, up 12.5% year-over-year.
STAMFORD, CT – Worldwide semiconductor capital spending is projected to increase 10.2% in 2017 to $77.7 billion, according to Gartner.
WINDSOR, UK -- Speedboard Assembly Services reported revenue rose 12% year-over-year in its recently closed fiscal year.
TORONTO – SMTC reported fiscal second quarter revenue of $33 million, down 24.3% year-over-year and flat sequentially. The decline in revenue was primarily attributed to volume reductions from one customer.
JASPER, IN – Kimball Electronics reported fiscal fourth quarter net sales of $241.3 million, an increase of 9.5% year-over-year.
SINGAPORE – Kulicke and Soffa reported fiscal third quarter net revenue of $243.9 million, up 12.7% year-over-year and 22.2% sequentially.
ERIE, PA -- AccuSpec Electronics has changed its name to 4Front Solutions to better reflect the EMS firm's mission.
CHICAGO, IL -- Methode Electronics has entered into a definitive agreement to acquire Pacific Insight Electronics for $114 million in an all-cash transaction.
SPOKANE VALLEY, WA -- Key Tronic announced fourth quarter fiscal year 2017 revenue of $118.5 million, down 4.4% from a year ago.
AUSTIN, TX – Austin American Technology named Todd Rountree president and chief operating officer, effective immediately.
LAGUNA, PHILIPPINES -- Cirtek Holdings has signed a $77-million deal to acquire base station antenna developer Quintel in a deal scheduled to close today.
MILWAUKEE -- Foxconn and Rockwell Automation today announced a collaboration to implement Connected Enterprise and Industrial Internet of Things (IIoT) concepts for smart manufacturing in Foxconn's new US facilities.