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CHICAGO – EMS M&A activity saw a slight year-over-year increase in the first quarter, with 10 transactions recorded in Lincoln International's latest industry report.

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HONG KONG – VTech saw fiscal year revenue of $2.24 billion, a 5.4% decrease from $2.37 billion in the previous financial year.

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SAN FRANCISCO, CA – Tempo Automation saw $2.8 million in revenue for the first quarter, a decrease of 39% compared to the revenue of $3.9 million in the first quarter of 2022.

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LOUISVILLE, KY – Sypris reported revenue of $32.3 million for the first quarter, a 23.4% year-over-year increase from the $26.2 million in revenue for last year's first quarter.

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MUNICH – Katek announced revenue of €200.4 million ($217.8 million) for the first quarter, a 26.4% increase from the same quarter of 2022.

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SAINT-HERBLAIN, FRANCE – Lacroix has temporarily closed three of its manufacturing facilities after suffering a cyberattack over the weekend.

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FONTENAY-AUX-ROSES, FRANCE – Icape Group reported revenue of €51.7 million ($56.1 million) for the first quarter, a 5.8% decrease from the €54.8 million ($59.5 million) in revenue for the same quarter in 2022.

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SAN JOSE, CA – Sanmina announced revenue of $2.32 billion for the second quarter of its fiscal year.

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LYON, FRANCE – Éolane is launching a new subsidiary in Penang, Malaysia, which will include a new factory to better serve its customers as closely as possible to their markets, especially those of the Asia-Pacific Economic Cooperation (APEC).

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WASHINGTON, DC -- New bipartisan legislation introduced by US Representatives Blake Moore (R-UT) and Anna Eshoo (D-CA) encourages investment in a trusted, reliable domestic source of PCBs and substrates, and is generating plaudits from an industry association dedicated to building the domestic printed board industry.

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MINNEAPOLIS -- Nortech Systems reported first quarter revenue of $34.9 million, up 13.6% from the first quarter of 2022.

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SAN JOSE -- Flex today announced net sales of $7.5 billion for its fourth quarter and fiscal year ended March 31, up 9.1% from a year ago.

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