BANNOCKBURN, IL – High material and labor costs are expected to continue for the foreseeable future, while recruiting and retaining skilled talent continues to be a challenge, according to new IPC data.
PATHUMTANI, THAILAND – SVI Austria, a subsidiary of SVI Public Co., signed a share purchase agreement to divest 49% of its shareholding in SVI Hungary to ml&s Personalservice and ESCHA.
DEHLI, INDIA -- An Indian regulatory agency has approved Elin Electronics Ltd. for an initial public offering.
BANNOCKBURN, IL — Total North American EMS shipments in January were down 6% year-over-year and 14.9% sequentially.
BANNOCKBURN, IL — The 2021 European EMS industry grew 9% year-over-year to more than €44 billion (US$48.9 billion), according to in4ma, an all-time high, beating the 2019 result by 1%.
SON, THE NETHERLANDS – Neways Electronics reported 2021 net revenue of €469.5 million (US$527.9 million), down 1.9% compared to 2020, largely due to the rationalization of less profitable customers. Growth with existing clients was dampened by continued material shortages and supply chain disruptions.