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WASHINGTON – The US will triple its domestic semiconductor manufacturing capacity from 2022 – when the Chips Act was enacted – by 2032, the Semiconductor Industry Association projects in a new report.

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BANGKOK – Fabrinet announced $731.5 million in revenue for the third quarter of its fiscal year, up 10% over the third quarter of fiscal year 2023.

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SPOKANE VALLEY, WA – Key Tronic reported total revenue of $140.5 million for the third quarter of its fiscal year, compared to $164.6 million in the same period of fiscal year 2023.

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VEJLE, DENMARk – GPV Electronics has opened a refurbished factory building in Thailand, adding 7,000 sq. m. of floor space to its existing 15,000 sq. m. facility.

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WASHINGTON – Worldwide sales of semiconductors totaled $137.7 billion during the first quarter, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023, the Semiconductor Industry Association announced.

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MILPITAS, CA – Global semiconductor materials market revenue in 2023 contracted 8.2% to $66.7 billion from the market record of $72.7 billion set in 2022, SEMI reported in its Materials Market Data Subscription (MMDS).

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