KARLSTAD, SWEDEN – Swedish EMS provider Inission has expanded its presence in southern Norway with the acquisition of AXXE.
SON, NETHERLANDS – Neways has announced the acquisition of Sencio, a microsystems company based in Nijmegen, Netherlands, that specializes in advanced packaging for smart sensing and actuation applications.
LINZ, AUSTRIA – Kontron has agreed to acquire around 60% of the shares in Katek in a bid to expand its portfolio of green energy solutions and the aerospace segment.
NEENAH, WI – Plexus has announced that it will not meet its first quarter revenue guidance of $990 million to $1.03 billion.
HAUPPAUGE, NY – Orbic Electronics Manufacturing has announced the launch of its Project Patriot initiative, which will move its manufacturing operation from China to New York's Suffolk County, bringing more than 1,000 new jobs to the area.
NEEDHAM, MA – Global shipments of traditional PCs marginally surpassed expectations in the fourth quarter with nearly 67.1 million PCs shipped, down 2.7% from the prior year, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
TAIPEI – Foxconn Technology Group has established an electric vehicle business in Zhengzhou, China, amid declining smartphone sales.
SPOKANE VALLEY, WA – Keytronic has announced the appointment of Brett R. Larsen to succeed Craig D. Gates as the company’s president and CEO, effective June 30.
PEACHTREE CITY, GA – The PCEA Conferences Task Group today announced the technical program for PCB East 2024, featuring more than 75 hours of in-depth electronics engineering training.
WASHINGTON – Global semiconductor industry sales totaled $48 billion in November, an increase of 5.3% compared to the November 2022 total of $45.6 billion and 2.9% more than October's total of $46.6 billion, according to the Semiconductor Industry Association.
JUAREZ, MEXICO – Vexos has added to its presence in North America with a new 40,000 sq. ft. manufacturing facility here.
KUALA LUMPUR – VS Industry has earmarked around RM60 million ($12.9 million) for capital expenditures in 2024, which will be channeled towards optimizing costs.