AUSTIN, TX – Flex announced $26.4 billion in net sales for its fiscal year, a year-over-year decrease of 7.4%.
MILPITAS, CA – Worldwide silicon wafer shipments decreased 5.4% quarter-over-quarter to 2.83 billion sq. in. in the first quarter, a 13.2% drop from the 3.27 million sq. in. recorded during the same quarter last year, the SEMI Silicon Manufacturers Group reported in its quarterly analysis of the silicon wafer industry.
MIAMI – Element Solutions reported first quarter sales of $349.2 million for its Electronics segment, an increase of 3% from the first quarter of 2023.
GLENVIEW, IL – ITW announced $696 million in Test & Measurement and Electronics revenue for the first quarter, a decrease of 0.9% from 2023's first quarter.
SAN JOSE, CA – Sanmina reported revenue of $1.83 billion for the second quarter of its fiscal year, a decrease of 21.1 % from the same quarter in 2023.
BANNOCKBURN, IL – North American PCB shipments in March were down 23.8% compared to March 2023, according to IPC's findings from its North American PCB Statistical Program. The book-to-bill ratio stands at 1.13.