ST. PETERSBURG, FL – Jabil has announced the acquisition of Retronix, a provider in the reclamation and refurbishment of electronic components.

JASPER, IN -- Kimball Electronics said fiscal first quarter net sales totaled $438.1 million, an 8% increase compared to the first quarter of fiscal 2023.

KOCHI, INDIA -- SFO Technologies, a subsidiary of the NeST Group, plans to issue an initial public offering in the next two years, according to the company.

NOIDA, INDIA – Dixon Technologies has acquired a 100% stake in Dixtel Infocom.

NORTH YORK, ON – ZTest Electronics has announced agreements to settle a total of $357,490 owed to two officers and one director of the company, and one other creditor for management fees and directors fees in consideration for the issuance of 4,468,625 common shares of the company at a price of $0.08 per share.

WASHINGTON – Global semiconductor sales for September increased 1.9% month-to-month and fell 4.5% year-over-year, according to the Semiconductor Industry Association.

ST. PETERSBURG, FL – Jabil has acquired specialized procurement firm ProcureAbility, giving it a footprint in the procurement sector and allowing it to offer a more complete line of services to its customer base.

TAIPEI – Taiwan is investigating suspected bribes connected to Foxconn founder Terry Gou’s presidential campaign after the billionaire submitted signatures to run in next year’s election.

MILPITAS, CA – Worldwide silicon wafer shipments decreased 9.6% quarter-over-quarter to 3.01 billion sq. in. in the third quarter, a 19.5% drop from the 3.74 billion sq. in. recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry.

PEACHTREE CITY, GA – The exhibition floor for PCB West 2024 is now open to any interested company, the Printed Circuit Engineering Association (PCEA) announced today.

As anyone who has visited Acapulco knows, it is picturesque, with the serene mountain scape overlooking the half-moon bay.

Pictures, as we also know, can be deceiving.

For the better part of the decade, the once-classic vacation spot has been overrun with drug gangs, and the former wave of tourists has diminished to a trickle. And that was before Hurricane Otis hit last month.

As 2023 draws near its end, we are reminded of how much uncertainty lies ahead. Whether man-made, like the regional conflicts in Europe, the Middle East, Africa and the Pacific Rim; or natural disasters, such as those experienced in Mexico, Turkey and the US, we seem awash in challenges and obstacles.

And then there are the completely self-inflicted wounds.

SPOKANE VALLEY, WA – Keytronic reported revenue of $147.8 million in the first quarter of its fiscal year, up 8% from the $137.3 million in revenue for the same quarter last year.