THAILAND – SVI Public Company Limited reported a net profit of $3.9 million for the first quarter. The company faced a 17.2% year-over-year revenue decline, mainly due to economic uncertainty.
MANASSAS, VA – Zestron has introduced its Reliability and Solutions (R&S) service for printed circuit assembly failure analysis. The service covers design to high-volume production.
TAIWAN – Foxconn reported record consolidated revenue of $21.3 billion for April, up 16.1% from March and 25.5% year-over-year. The growth was driven by strong shipments of AI cloud products, particularly components tied to Nvidia’s GB200 platform, including GPU modules and full system assemblies.
ATLANTA -- Calling the tariffs levied by the US and China "crippling," the Electronic Components Industry Association said sales sentiment plummeted in April.
GLENVIEW, IL – The electronics unit of Illinois Tool Works reported revenue of $652 million, with operating income of $139 million and an operating margin of 21.4%.
TEMPE, AZ – Benchmark Electronics reported first quarter revenue of $632 million, a 6.5% year-over-year decline, missing expectations by $8.24 million. Despite the drop, the company delivered operating income of $29 million and generated over $27 million in free cash flow.