News
SPOKANE VALLEY, WA – Key Tronic announced preliminary revenue of $114 million for the second quarter of its fiscal year, which would represent a 26% year-over-year decrease.
BIÑAN, PHILIPPINES – Integrated Micro-Electronics has announced the closure of its Chengdu, China, manufacturing facility as part of its ongoing efforts to streamline operations and reduce costs.
CHENNAI, INDIA – Tata Electronics has acquired a 60% controlling stake in Pegatron's India unit as it looks to expand its iPhone manufacturing capabilities in the country.
NEENAH, WI – Plexus announced $976 million in revenue for the first quarter of its fiscal year, remaining flat compared to the same quarter last year.
STAMFORD, CT – Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner.
TAIPEI – The NAND Flash industry will continue to face dual pressure from weak demand and oversupply in 2025, according to the latest research from TrendForce. In response, manufacturers including Micron, Kioxia/SanDisk, Samsung, and SK hynix/Solidigm have similar plans to cut production – a move that could accelerate industry consolidation in the long term.
Press Releases
- PVA to Showcase Delta 8 Conformal Coating/Dispensing System at Southern Manufacturing & Electronics
- Key Tronic Corporation Awarded Major New Contract with Energy Resilience Technology Provider
- Federal Electronics Appoints William Oliver as Vice President of Business Development
- Incap India Invests in New SMT Technology