ATLANTA – The electronic components sales sentiment dipped 3.6 points to 86.7 in September, but the industry continues to sustain a positive outlook with a projected sentiment of 94 in October, the highest level since July 2022 and only six points below the threshold of 100 indicating sales growth.
TAICANG, CHINA – Zollner Electronik has expanded its plant here to meet the growing demands of the international market.
ST. PETERSBURG, FL – Jabil’s board of directors has approved a restructuring plan to eliminate stranded costs after the divestiture of its Chinese electronic components manufacturing business in a $2.2 billion sale to BYD Electronic.
WASHINGTON – The Semiconductor Industry Association released the following statement in response to the new export controls announced by the US Commerce Department. SIA represents 99% of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms.
HERTFORDSHIRE, UK – Refined tin use in 2022 decreased 3.2% to 376,900 tonnes, lower than the preliminary -0.6% estimate made by participants in last year’s survey conducted by the International Tin Association.
HYDERABAD, INDIA – Cyient DLM reported revenue of Rs 291.8 crore ($35 million) in the second quarter of its fiscal year, a 71.5% increase compared to the Rs 171.55 crore ($20.6 million) for the same quarter last year.