BANNOCKBURN, IL – North American EMS shipments in May were up 5% compared to the same month last year, according to IPC's North American EMS Statistical Program. The book-to-bill ratio stands at 1.36.
ARENDAL, NORWAY – Kitron is planning a 7,500 sq. m. production facility here, with plans for completion during the first half of 2026.
SENAI, MALAYSIA – VS Industry Berhad reported a slight increase in third quarter revenue to MY1.01 billion ($214.4 million) from MYR996.8 million ($211.5 million) in revenue during the same period last year.
MILPITAS, CA – To keep pace with unremitting growth in demand for chips, the global semiconductor manufacturing industry is expected to increase capacity by 6% in 2024 and post a 7% gain in 2025, reaching a record capacity high of 33.7 million wafers per month (wpm: 8-inch equivalent), SEMI announced in its latest quarterly World Fab Forecast report.
ST. PETERSBURG, FL – Jabil reported revenue of $6.8 billion for the third quarter of its fiscal year, down 20% from the $8.5 billion in revenue from the same quarter last year.
PEACHTREE CITY, GA – Registration for the PCB East 2024 conference and exhibits rose 18% overall year-over-year, the Printed Circuit Engineering Association announced today. Conference registration was up 12% from last year, while the expo-only trade show registration rose 9% over the same period.
NEEDHAM, MA – Global shipments of augmented reality and virtual reality headsets declined 67.4% year over year in the first quarter, according to new data from IDC's Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.
TAIPEI – Smartphone production grew 18.7% year over year in the first quarter with a total of 296 million units shipped, but is projected to decline 5-10% in the second quarter due to inventory adjustments, TrendForce reported.
BOSTON – SMTA's Boston chapter will meet in person on June 25, with two presentations set for attendees: "The Impact of Ultra HDI Fabrication Technology on PCB Assembly" presented by Chrys Shea, and "SMT Specification Performance in PCB Assembly" presented by Mike Sivigny.
SPOKANE VALLEY, WA – Keytronic is notifying potentially affected parties and regulatory agencies of a data breach that saw more than 500GB of its data stolen.
OULU, FINLAND – Scanfil has adjusted its projected turnover and operating downward for 2024, with a new forecast of EUR780 million to EUR840 million ($835 million to $899.2 million) in turnover and an operating profit of EUR 54 million to EUR61 million ($57.8 million to $65.3 million).
MIAMI – Element Solutions has raised its guidance range for the second quarter and full year 2024, with its projected EBITDA to be approximately $135 million in the second quarter and between $530 million and $545 million for the full year.