TAIPEI – Foxconn will invest more than $1.5 billion in an Indian construction project to fulfill its “operational needs,” the company announced in Taiwanese security filings.
KUALA LUMPUR – Inari Amertron reported revenue of RM383.9 million ($82 million) for the first quarter of its fiscal year, up 1.8% from the RM377 million ($80.5 million) in revenue for the same quarter last year.
BANNOCKBURN, IL – Total North American PCB shipments in October were up 3.9% compared to the same month last year, according to IPC's findings from its North American PCB Statistical Program. The book-to-bill ratio stands at 0.97.
BANNOCKBURN, IL – Total North American EMS shipments in October were down 7.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.23.
MORRISVILLE, NC – iNEMI's next webinar in its Packaging Tech Topic Series, set for Nov. 28, is titled LSI/PKG/PCB Co-Design to Support 3D-IC/Chiplet Design and will feature Zuken's Kazunari Koga.
PEACHTREE CITY, GA – Printed Circuit Engineering Association (PCEA) will hold three member webinars in the coming months on PCB materials, PCB thermal management, and the impact of artificial intelligence on electronics.
SAN MATEO, CA – The IDC has raised its 2024 semiconductor revenue outlook from $625.9 billion to $632.8 billion, and predicts the US market will remain resilient from a demand standpoint and China will begin recovering by the second half of 2024.
CHIHUAHUA, MEXICO – Jabil has opened a new production facility at its site here, with the 250,000 sq. ft. plant joining the two other factories already onsite.
LOUISVILLE, KY – Sypris Solutions reported a 33% increase in revenue for the third quarter, driven by a 73.5% increase for Sypris Electronics and a 13.8% increase for Sypris Technologies.
VEJLE, DENMARK – GPV International announced sales of DKK2.5 billion ($364.5 million) for the third quarter, an increase of 120% from the DKK1.2 billion ($175 million) in sales for last year's third quarter.
TAIPEI – Foxconn reported an 11% increase in its third-quarter profits and predicted 2024 revenue growth of less than 5% amid intense geopolitical uncertainty.
MILPITAS, CA – The global semiconductor manufacturing industry is on track for recovery in the fourth quarter, setting the stage for continued growth in 2024, SEMI announced in its latest publication of the Semiconductor Manufacturing Monitor Report, prepared in partnership with TechInsights.