HAWTHORNE, CA -- OSI Systems today announced fiscal fourth quarter revenues for the period ended Jun. 30 of $480.9 million, a 17% increase over the prior year quarter.

LAVAL, FRANCE – French electronics contractor Cofidur has announced the acquisition of fellow French EMS Seico.

NEEDHAM, MA – Worldwide spending on artificial intelligence, including AI-enabled applications, infrastructure, and related IT and business services, will more than double by 2028 when it is expected to reach $632 billion, according to a new forecast from IDC's Worldwide AI and Generative AI Spending Guide.

ATLANTA – The electronic component sales sentiment rose to 103.4 in July, 4.5 points higher than June and an encouraging sign of positivity entering the second half of the year, ECIA reported in its monthly ECIA's Electronic Component Sales Trend survey.