TORONTO – Contract manufacturer Celestica is laying off 44 workers at its Silicon Valley facilities.

BANNOCKBURN, IL – Some 75% of electronics manufacturers are experiencing rising material costs, while 74% indicate that labor costs are on the rise, according to IPC’s January Sentiment of the Global Electronics Manufacturing Supply Chain report. At the same time, profit margins, inventory from suppliers and ease of recruitment are presently declining, though ease of recruitment is rising at a faster pace in APAC and Europe than in North America.

GLENVIEW, IL – ITW's Test & Measurement and Electronics segment saw $732 million in revenue for the fourth quarter, marking a 10% increase from the fourth quarter of 2021.

TEMPE, AZ – Benchmark Electronics announced fourth quarter revenue of $751 million, a 19% increase from the fourth quarter of 2021.

STAMFORD, CT – Worldwide shipments of total devices (PCs, tablets and mobile phones) are projected to decline 4.4% in 2023, to total 1.7 billion units, according to Gartner, Inc. In 2022, the devices shipment market declined 11.9%.

SPOKANE VALLEY, WA – For the second quarter of its fiscal year, Key Tronic Corporation reported revenue of $123.7 million, compared to $134.5 million in the same period of fiscal year 2022.

SHIPPENSBURG, PA – Niche Electronics, an electronics manufacturing services company based in southcentral Pennsylvania, has announced the purchase of Waltham, MA-based L-Tronics, Inc.

SAN JOSE, CA – Sanmina announced revenues of $2.36 billion for its first fiscal quarter.

LYON, FRANCE – Éolane has opened a new 4,000 sq. m. factory in Suzhou, China, to serve its customers in the industrial, medical and rail sectors – particularly CRRC, a major Chinese rail company.

SAN FRANCISCO – Tempo Automation has added new tools to its Accelerated Electronics Manufacturing Platform, enabling its customers to have real-time visibility and management of component inventory across multiple projects and prototype builds. This update is meant to help Tempo customers guard against supply chain disruptions within the electronics industry.

STOCKHOLM – Note announced fourth quarter sales of SEK1.038 billion ($100 million), a 28% increase from the previous quarter.

NEEDHAM, MA — Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022, according to preliminary data from the International Data Corporation Worldwide Quarterly Mobile Phone Tracker. The drop marks the largest-ever decline in a single quarter and contributed to a steep 11.3% decline for the year.