CHENNAI, INDIA – Indian electronics manufacturer Dixon Technologies is expecting to see revenue increase by 12% in the current fiscal year and is considering setting up a plant in Tamil Nadu, according to a top executive.
STOCKHOLM – Mycronic announced fourth quarter net sales of SEK1.5 billion ($143 million), a 16% increase from the fourth quarter of 2021.
SAINT-HERBLAIN, FRANCE – Lacroix announced revenue of €191.3 million ($204.6 million) for the fourth quarter, an increase of 40% compared to the same quarter of 2021.
BOLOGNA, ITALY – Bonfiglioli, a manufacturer of drive systems, gearboxes and inverters, has announced an agreement to acquire Selcom Group S.p.A., an Italian producer of electronic boards.
ATLANTA – The electronic components sales sentiment climbed to 82.2 points for the first month of the new year, according to the Electronic Components Industry Association's January Electronic Component Sales Trends Report, marking an increase from December's numbers and beating the ECIA's outlook for the month.
JASPER, IN – Kimball Electronics announced sales of $436.7 million for its second quarter, an all-time quarterly high and an increase of 39% year-over-year.