WASHINGTON – Global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, which was the industry’s highest-ever annual total, according to the Semiconductor Industry Association.
HYDERABAD, INDIA – Apollo Microsystems reported a 10.9% year-over-year growth in revenue for the third quarter of its fiscal year, totaling Rs91.3 crore ($11 million).
TORONTO -- Celestica is expanding at electronics manufacturing sites in Thailand and Malaysia in anticipation of greater demand for hyperscale computing applications, the company said on a conference call this week.
BENGALURU, INDIA – Tata and Pegatron are reportedly in talks to form a partnership to run an iPhone assembly plant in the Indian state of Tamil Nadu.
GLENVIEW, IL – ITW reported $731 million in fourth quarter revenue for its Test & Measurement and Electronics segment, essentially flat from the same quarter of 2022.
LYNCHBURG, VA – Electronic Design & Manufacturing has appointed Bree Oldham as president and CEO to replace Georgeann Snead, who retired at the end of 2023.