News
PLYMOUTH, MN – Source Engineering & Manufacturing has acquired AimTek, extending its production capabilities into the surface mount technology market. The acquisition adds tape & reel packaging, lead forming and trimming for semiconductor and electronic components and contract assembly support.
BANGKOK – Fabrinet reported first quarter fiscal 2026 revenue of $978.1 million, up 21.6% from $804.2 million in the same period last year. GAAP net income was $95.9 million, compared to $77.4 million a year ago.
SAN JOSE, CA – Sanmina reported yearly revenue of $8.1 billion, a 7.4% increase over the prior year. Cash flow from operations for the year totaled $621 million, with free cash flow of $478 million.
ANN ARBOR, MI – Coherix is expanding its North American manufacturing and product development operations, investing nearly $1 million to support surging demand for its AI-driven precision dispensing and quality-control systems used in automotive and electronics assembly.
MILPITAS, CA – Worldwide silicon wafer shipments rose 3.1% year-on-year in the third quarter to 3,313 million square inches (MSI), according to the SEMI Silicon Manufacturers Group. The increase reflects strengthening demand for 300mm wafers used in advanced logic, cloud infrastructure and memory applications driven by AI adoption.
WASHINGTON, DC – Worldwide semiconductor sales reached $208.4 billion in the third quarter, rising 15.8% from the previous quarter, according to the Semiconductor Industry Association (SIA). September sales alone totaled $69.5 billion, marking a 25.1% year-over-year increase and a 7.0% month-over-month gain.
Press Releases
- Altus Reports Growing Demand for Guidance on Convection Reflow Oven Specification
- Coherix Opens New Adhesive-Dispensing Vision Center in Europe
- Pan Pacific Strategic Electronics Symposium Program Finalized
- The Most Critical 2 Inches in SMT Manufacturing – When a Splice Fails, the Line Fails, Full Stop. Throughput and Yield Depend on One Overlooked Moment