TAIPEI – Foxconn saw a 33% year-over-year jump in net profit in the fourth quarter, and said it is optimistic for 2024's prospects due to the increasing demand for AI servers.

HAUPPAUGE, NY – Orbit International announced February bookings in excess of $2 million for its Electronics group, and said deliveries for February orders have already commenced and are expected to continue through the first quarter of 2026.

TAOYUAN, TAIWAN – Inventec reported revenue of NT$128.07 billion ($4.06 billion) for the fourth quarter, a 5% decrease from the previous year.

ARLINGTON, VA – JEDEC has published JESD239 Graphics Double Data Rate (GDDR7) SGRAM, which offers double the bandwidth over GDDR6, reaching up to 192 GB/s per device, and is poised to meet the escalating demand for more memory bandwidth in graphics, gaming, compute, networking and AI applications.