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MUNICH – Katek announced record revenue of EUR782.8 million ($831.4 million) for 2023, representing growth of 15% from 2022's total.

NEEDHAM, MA – Global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter, according to IDC's Worldwide Quarterly Mobile Phone Tracker.

NEVADA CITY, CA – Manufacturing Market Insider (MMI) today announced revenues among the EMS companies the research firm ranks as the 50 largest worldwide declined 5.7% year-over-year in 2023.

NEW DELHI – Zetwerk has announced a Rs1,000 crore ($119.6 million) investment to ramp up its electronics manufacturing capacity.

MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment edged down 1.3% to $106.3 billion in 2023 from an all-time record of $107.6 billion in 2022, SEMI reported in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report.

COLORADO SPRINGS, CO – Spectrum Advanced Manufacturing Technologies has received $1.3 million in tax credits from the Colorado Economic Development Commission to expand its operations here and add up to 101 new jobs.

MCLEAN, VA – Orders of manufacturing technology totaled $343.3 million in February, marking a 2.1% increase from January but a 26.5% decline from February 2023, the Association For Manufacturing Technology announced in its US Manufacturing Technology Orders Report.

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