News
OULU, FINLAND – Scanfil has adjusted its projected turnover and operating downward for 2024, with a new forecast of EUR780 million to EUR840 million ($835 million to $899.2 million) in turnover and an operating profit of EUR 54 million to EUR61 million ($57.8 million to $65.3 million).
MIAMI – Element Solutions has raised its guidance range for the second quarter and full year 2024, with its projected EBITDA to be approximately $135 million in the second quarter and between $530 million and $545 million for the full year.
WASHINGTON – NextFlex, the Department of Defense (DoD) sponsored Manufacturing Innovation Institute focused on maturing hybrid electronics, has released Project Call 9.0 (PC 9.0), its latest call for proposals that seek to fund projects that further the development and adoption of hybrid electronics while addressing key challenges in advanced manufacturing.
ATLANTA – The electronic components sales sentiment fell to 112.3 in May, down nearly 12 points from April but still marking the fourth month of positive overall sentiment, ECIA found in its latest Electronic Component Sales Trend survey.
BRUSSELS – Despite the adoption of the European Chips Act, the EU’s market share in critical electronics components beyond chips, including PCBs, EMS and advanced packaging, will decline to 15% by 2035, according to a new IPC report.
WASHINGTON – Global semiconductor industry sales were $46.4 billion in April, an increase of 15.8% compared to the April 2023 total of $40.1 billion and 1.1% more than the March 2024 total of $45.9 billion, SIA announced.
Press Releases
- Hon Hai Technology Group (Foxconn) Strengthens Sustainability With Independent Audits At 8 Manufacturing Sites
- Zollner Elektronik AG And Luminovo Launch Digital Supply Chain Collaboration
- Aaloktronix Introduces Advanced PCB Assembly Services for Aerospace Industry
- Incap Corporation: Incap has Paid an Additional Earn-Out of USD 3.0 million to the Sellers of Pennatronics Inc.