WASHINGTON – Global semiconductor industry sales totaled $40.7 billion in May, an increase of 1.7% compared to the previous month but 21.1% less than the May 2022 total of $51.7 billion, according to the Semiconductor Industry Association.
PORTO, PORTUGAL – Critical Manufacturing has announced an expansion into Mexico to help meet the growing demands of American manufacturing systems.
ADELAIDE, AUSTRALIA – Entech Electronics has announced factory expansions here and in Malaysia, where it is establishing for the first time.
TAIPEI – Foxconn announced a 13.8% year-on-year drop in second quarter revenue, but said the outlook for the third quarter was brighter ahead of peak shopping season at the end of the year.
STOCKHOLM – Note has expanded its manufacturing capacity in the UK with the acquisition of electronics manufacturer DVR.
ATLANTA – The overall electronic components sales sentiment improved by four points in June after a 14.5-point collapse in May, but the 76.3 index score for June is still below last year's average, ECIA reported in its monthly Electronic Component Sales Trend survey.