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TAIPEI – Global Brands Manufacture announced annual revenue of NT$22.9 billion ($726.3 million), down 5.7% from 2022.

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BRONSCHHOFEN, SWITZERLAND – Cicor Group has announced its acquisition of TT Electronics IoT Solutions and its three production sites in the UK and China.

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TAIPEI – Foxconn's revenue in February fell 12.33% year-over-year, and the company expects first quarter revenue to decline on a yearly basis.

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WASHINGTON – Global semiconductor industry sales totaled $47.6 billion in January, an increase of 15.2% compared to the January 2023 total of $41.3 billion but a decrease of 2.1% from December's total of $48.7 billion, the Semiconductor Industry Association announced.

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VANCOUVER, WA – Jabil plans to close its site here in May and lay off 120 workers.

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KUALA LUMPUR – Malaysian contract manufacturer Ge-Shen will purchase a 40% stake in EMS firm Local Assembly to expand its presence in electronics manufacturing.

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