News
VEJLE, DENMARK – Electronics manufacturer GPV reported record first quarter revenue of more than DKK 1 billion (US$143 million), up 36.2% year-over-year.
TVER, RUSSIA – Jabil shut down operations at its site here, notifying some 90 Russian staff, according to reports.
TAIPEI – Foxconn will no longer send a representative to sit on the board of Innolux, according to reports.
AUSTIN, TX – 2021 was a record year for the semiconductor industry and OSAT revenues, but the outlook for 2022 is less certain, according to new data from TechSearch International.
PATHUMTANI, THAILAND – SVI Public Co. posted first quarter consolidated sales of THB 5.7 billion (US$165.2 million), an increase of 65.2% year-over-year and 0.4% sequentially.
WAYZATA, MN – Nortech Systems reported first quarter net sales were $30.7 million, up 38.9% year-over-year, driven primarily due to higher production volume, as well as price increases to counteract higher material and labor cost. The company says it has scaled the direct labor workforce and strengthened the supply chain for parts.
