News
VEJLE, DENMARK – GPV reported first half revenue fell 5% year-over-year, with net profit increasing 23% to a record DKK 108 million (US$17.2 million).
BANGKOK -- Fabrinet announced fourth quarter revenue of $405.1 million, flat with last year.
CHICAGO – M&A activity in the EMS sector stalled in the second quarter, with just three deals closing in the period, according to a new report. The three deals included two consolidations and one vertical/horizontal convergence.
SAN JOSE, CA -- Sanmina chief executive Hartmut Liebel is leaving the company, effective immediately, after just a year on the job, the EMS company said today. Executive chairman and cofounder Jure Sola will take over as chief executive, the firm added.
PATHUMTANI, THAILAND – SVI Public Co. reported second quarter net sales of THB 4.2 billion (US$132.5 million), up 2.5% year-over-year and 30% sequentially.
TAMPA, FL – Sypris Electronics reported revenues of $9.7 million in the second quarter, up 28.3% year-over-year and 11.5% sequentially.
Press Releases
- SIA Applauds CHIPS Act Incentives for Amkor Facility in Arizona
- ASMPT and IBM Deepen Collaboration to Advance Bonding Methods for Chiplet Packages for AI
- Murray Percival Company Expands Product Line with Representation of BIMOS ESD Seating in the Midwest
- Selectronic Assembly Welcomes Eliud Herrera as Production Manager