BANNOCKBURN, IL – North American PCB shipments in September were down 14.6% compared to the same month last year and were up 35.7% compared to August, according to IPC's North American PCB Statistical Program. The book-to-bill ratio stands at 1.01.

BANNOCKBURN, IL – Total North American EMS shipments in September were down 9.8% compared to the same month last year, according to IPC's monthly North American EMS Statistical Program. Compared to the preceding month, September shipments decreased 12.4%. The book-to-bill ratio stands at 1.27.

TORONTO – Celestica announced revenue of $2.04 billion in the third quarter, marking a 6% increase from 2022's third quarter.

FONTENAY-AUX-ROSES, FRANCE – Icape Group reported revenue of €136.2 million ($143.9 million) for the first nine months of the year, down 16.3% compared to the same period in 2022.

BILLINGSTAD, NORWAY – Kitron's revenue for the third quarter was €179.2 million ($189.8 million), an increase of 8.3% compared to the €165.5 million ($175.3 million) in revenue for the same quarter last year.

HELSINKI – Incap reported revenue of €50 million ($52.9 million) for the third quarter, a decrease of 29% compared to the €70.6 million ($74.7 million) in revenue for 2022's third quarter.

SPOKANE VALLEY, WA – Keytronic announced revenue of $147.7 million for the first quarter of its fiscal year, in line with its expectations for the quarter.

GLENVIEW, IL – ITW's Test & Measurement and Electronics segment reported $698 million in revenue in the second quarter, a 2.4% decrease from last year's second quarter.

LIVINGSTON, UK – CB Technology announced annual sales of £14.3 million ($17.4 million), marking a 36% increase from last year.

TAIPEI – Foxconn was recently subjected to searches by Chinese tax authorities, according to local reports.

HONG KONG – Wong's Kong King reported first half revenue of HK1.9 billion ($242.8 million), marking a 19% drop compared to the same period last year.

ORLANDO, FL – Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner. While generative AI has not yet had a material impact on IT spending, investment in AI more broadly is supporting overall IT spending growth.