OSAKA, JAPAN – SIIX announced annual revenue of JPY302.3 billion ($2 billion), down 2.4% from 2023's total.

TAIPEI – Foxconn is among the companies affected by efforts by China to control the outflow of its technology and keep key technologies within the company, according to a report by The Financial Times.

STAMFORD, CT – Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2023, according to preliminary results by Gartner. Revenue is projected to total $705 billion in 2025.

SPOKANE VALLEY, WA – Keytronic plans to build a $28 million manufacturing facility in Springdale, AR, and anticipates creating more than 400 jobs in the next five years.

BILLINGSTAD, NORWAY – Kitron's revenue for the fourth quarter was €160.6 million ($167.5 million), down 19.3% from 2023's fourth quarter.

CHICAGO – Seven EMS transactions were recorded in the fourth quarter of 2024, reflecting a decrease from eight in 2023's fourth quarter and twelve in the fourth quarter of 2022, Lincoln International reported in its latest EMS Quarterly Review.

SPOKANE VALLEY, WA – Keytronic has announced plans to significantly increase production capacity in Arkansas and Vietnam.

PEACHTREE CITY, GA – Registration for PCB Detroit, a new technical conference and tabletop event, is now open, the Printed Circuit Engineering Association (PCEA) announced today. The new event takes place June 2-3 on the campus of Wayne State University in Detroit, MI.

SAINT-HERBLAIN, FRANCE – Lacroix reported €494.3 million in annual revenue for its Electronics segment, down 12.1% from 2023's total.

TAIPEI – Foxconn's January revenue rose 3.16% year-over-year to NT$538.7 billion ($16.4 billion), the second-highest total the company has reported for the month.

TABY, SWEDEN -- Mycronic reported fourth quarter net sales increased 5% to SEK 2.1 billion ($191.9 million). Based on constant exchange rates, net sales increased 4%. Orders rose 64% to SEK 2.38 billion.

For the year, net sales increased 24% to SEK 7.06 billion ($645 million). Based on constant exchange rates, net sales increased 25%. Orders rose 21% to SEK 7.61 billion.

Mycronic guided for net sales of SEK 7.5 billion ($686 million) in 2025.

"We ended the record year of 2024 with order intake increasing 64% in the fourth quarter, driven by pattern generators and a strong performance in high volume and global technologies," said Anders Lindqvist, president and CEO. "During the quarter, the market in Europe remained weak for High Flex, while the US showed signs of a recovery following the presidential election. The division has gained market share in a weak market, partly as the segments it operates in have reported stronger demand than the market as a whole. During the year, High Flex also increased its sales of complete production lines by more than 50% compared with the preceding year.

"In High Volume, demand improved during the fourth quarter both in the Chinese domestic market and the markets outside of China. This was the case for both the consumer electronics industry and the automotive industry. In the middle of October 2024, Modus High-Tech Electronics was acquired, a Dusseldorf-based provider of automated optical inspection systems for electronics volume production.

"In Global Technologies, investments related to the testing of PCBs used in advanced servers for AI applications continued to drive demand in the PCB test business line. Investments in Southeast Asia by companies reducing their exposure to China also contributed to the healthy demand. In Die Bonding, AI applications continued to support demand for high-speed optical transceivers, leading to good demand for our machines. The third business line, Photonic Interconnects, reported a good order intake in the last quarter of the year."

BANGKOK -- SVI Public Company reported consolidated revenue for the fourth quarter was THB 5.34 billion ($157.4 million), down 4% sequentially but up 1.1% year-over-year.