News
FONTENAY-AUX-ROSES, FRANCE – Icape Group reported annual revenue of €219.6 million ($234.9 million), an increase of 34% compared to 2021.
BILLINGSTAD, NORWAY – Kitron reported record revenue of NOK1.8 billion ($177.3 million), compared to the NOK949 million ($92.8 million) for the same quarter last year.
TAIPEI – Lorom Holding Company, a manufacturing solutions provider focusing on specialized cable manufacturing and assembly, has announced the acquisition of Segue Manufacturing Services. Terms of the acquisition were not disclosed.
AUSTIN, TX – Austin American Technology (AAT) and Aqua Klean Systems (AKS) will merge, making the combined firm the world’s largest electronics cleaning equipment manufacturer, the companies said in a joint statement.
CHENNAI, INDIA – Finland's Salcomp, a supplier to Apple, plans to double its workforce in India to 25,000 over the next three years, targeting annual revenue in the country of at least $2 billion to $3 billion by 2025, a top company executive said this week.
ATLANTA – The Electronic Components Industry Association's Global Industry Practices Committee (GIPC) has published a report outlining the results of a two-year initiative to create a streamlined process to digitally exchange manufacturer Certificate of Compliance documents. Analog Devices Inc. (ADI) agreed to participate in the pilot project with Digi-Key. They began with the manufacturers’ certificate of compliance while considering other compliance documents. The report from this initiative is now published and available to the industry.
