TAIPEI – Foxconn is among the companies affected by efforts by China to control the outflow of its technology and keep key technologies within the company, according to a report by The Financial Times.
STAMFORD, CT – Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2023, according to preliminary results by Gartner. Revenue is projected to total $705 billion in 2025.
SPOKANE VALLEY, WA – Keytronic plans to build a $28 million manufacturing facility in Springdale, AR, and anticipates creating more than 400 jobs in the next five years.
BILLINGSTAD, NORWAY – Kitron's revenue for the fourth quarter was €160.6 million ($167.5 million), down 19.3% from 2023's fourth quarter.
CHICAGO – Seven EMS transactions were recorded in the fourth quarter of 2024, reflecting a decrease from eight in 2023's fourth quarter and twelve in the fourth quarter of 2022, Lincoln International reported in its latest EMS Quarterly Review.
SPOKANE VALLEY, WA – Keytronic has announced plans to significantly increase production capacity in Arkansas and Vietnam.