SPOKANE VALLEY, WA – Key Tronic reported fiscal third quarter revenue of approximately $108 million, flat year-over-year but below previous guidance.
BANNOCKBURN, IL — The electronics industry is still riding the crest of the current growth cycle, according to new data from IPC. The trade group said the 167 companies worldwide participating in its statistical survey reported average quarterly sales growth of 8.4% in the fourth quarter of 2018. The firms’ average forecast for first quarter sales growth was 9.8%.
TAIPEI — Foxconn today reported March sales rose 7.9% year-over-year to NT$376.6 billion ($12.21 billion). Sales were up from $8.16 billion in February.
SAN JOSE -- The SMTA Silicon Valley chapter will hold its first technical meeting of the year on Apr. 18 at Intel in Santa Clara.
PHOENIX -- Merck will acquire Versum Materials for $6.4 billion plus $570 million in debt, the German pharmaceutical giant announced today.
WUXI, CHINA -- Neways Electronics has moved to another building with its manufacturing facility in China.