ST. PETERSBURG, FL — Kenny Wilson has been named as Jabil's next Chief Executive Officer, and will continue to work closely with Mark Mondello, Jabil's current Chairman and CEO, before assuming the role of CEO on May 1, 2023.

Mondello, a Jabil employee for more than 30 years, will continue to serve as Executive Chairman following the effective date of Wilson’s appointment.

WASHINGTON, DC -- The Printed Circuit Board Association of America has named David Schild as the association’s first executive director.

PEACHTREE CITY, GA – CIRCUITS ASSEMBLY today announced the winners of its 2022 Service Excellence Awards (SEAs) for electronics manufacturing services (EMS) providers and electronics assembly equipment, materials and software suppliers. CIRCUITS ASSEMBLY recognized companies that received the highest customer service ratings, as judged by their own customers, during a ceremony at the SMTA International trade show in Minneapolis.

KUALA LUMPUR — NationGate has received approval from Bursa Malaysia Securities to list on the ACE Market.

The approval for the listing is a significant milestone in the company's journey to becoming a listed entity, Managing Director Ooi Eng Leong said in a statement.

SPOKANE VALLEY, WA — Key Tronic Corporation reported total revenue of $137.3 million for the first quarter of its fiscal year, up 9% from the previous quarter and up 3% from the $132.8 million in revenue in the same period of fiscal year 2022.

NEEDHAM, MA – Worldwide smartphone shipments declined 9.7% year over year to 301.9 million units in the third quarter, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

NEEDHAM, MA – Worldwide tablet shipments were down 8.8% year over year in the third quarter of 2022, totaling 38.6 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.

This was the fifth straight quarter of decline for the tablet market. Chromebook shipments also struggled in the quarter, falling to 4.3 million units and a year-over-year decline of 34.4%. Both markets have now shifted from supply constrained industries to ones that are demand challenged as consumer and education spending has slowed in the face of economic uncertainties.

ATLANTA — A steep drop in sales sentiment for semiconductors dragged the overall component sentiment index down by 6.7 points to 75.6 in the ECIA's October Electronic Component Sales Trend survey. Despite modest improvements in the Electro-Mechanical and Passive Component Indices, the index for semiconductors collapsed from 96.4 in September to 69.2 in October.

SAN FRANCISCO — Bright Machines has announced that it has raised $132M to accelerate the company's growth and aid the development of new software and service offerings to add to its existing portfolio of projects. The $132 million in funds includes $100 million in Series B equity funding led by Eclipse Ventures and $32 million in debt led by Silicon Valley Bank and Hercules Capital. This round of funding brings the total raised by Bright Machines to $330M since the company’s founding in 2018.

BANNOCKBURN, IL — IPC announced that North American Printed Circuit Board shipments in September 2022 were up 14.6% compared to the same month last year. Compared to August, September shipments rose 17.9%. The book-to-bill ratio stands at 1.12.

PCB year-to-date bookings in September were down 2.6% compared to last year. However, bookings in September increased 52% from the previous month.

BANNOCKBURN, IL — IPC has announced that North American Electronics Manufacturing Services shipments in September were up 15.5% compared to the same month last year. Compared to August, September shipments decreased 0.1%. The book-to-bill ratio stands at 1.29.

EMS bookings in September increased 21.1% year-over-year and increased 18.1% from the previous month.

WILLIAMSPORT, PA — Spartronics' new electronic contract manufacturing facility in Binh Duong City, Vietnam will be opening for production in December.

The company said the new facility will offer 270,000 sq. ft. of space – a significant increase from the current 60,000 sq. ft facility – for manufacturing commercial airspace, medical, life science, and industrial applications, giving new and current customers the space to expand. The new building will offer the same technical and manufacturing capabilities the current facility offers, but on a much larger scale.