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CHENNAI, INDIA – Syrma SGS Technology has formed a semiconductor-focused subsidiary, named Syrma Semicon, according to a filing with the Bombay Stock Exchange.

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TAIPEI – Foxconn will invest more than $1.5 billion in an Indian construction project to fulfill its “operational needs,” the company announced in Taiwanese security filings.

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KUALA LUMPUR – Inari Amertron reported revenue of RM383.9 million ($82 million) for the first quarter of its fiscal year, up 1.8% from the RM377 million ($80.5 million) in revenue for the same quarter last year.

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BANNOCKBURN, IL – Total North American PCB shipments in October were up 3.9% compared to the same month last year, according to IPC's findings from its North American PCB Statistical Program. The book-to-bill ratio stands at 0.97.

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BANNOCKBURN, IL – Total North American EMS shipments in October were down 7.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.23.

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MORRISVILLE, NC – iNEMI's next webinar in its Packaging Tech Topic Series, set for Nov. 28, is titled LSI/PKG/PCB Co-Design to Support 3D-IC/Chiplet Design and will feature Zuken's Kazunari Koga.

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PEACHTREE CITY, GA – Printed Circuit Engineering Association (PCEA) will hold three member webinars in the coming months on PCB materials, PCB thermal management, and the impact of artificial intelligence on electronics.

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SAN MATEO, CA – The IDC has raised its 2024 semiconductor revenue outlook from $625.9 billion to $632.8 billion, and predicts the US market will remain resilient from a demand standpoint and China will begin recovering by the second half of 2024.

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CHIHUAHUA, MEXICO – Jabil has opened a new production facility at its site here, with the 250,000 sq. ft. plant joining the two other factories already onsite.

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LOUISVILLE, KY – Sypris Solutions reported a 33% increase in revenue for the third quarter, driven by a 73.5% increase for Sypris Electronics and a 13.8% increase for Sypris Technologies.

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VEJLE, DENMARK – GPV International announced sales of DKK2.5 billion ($364.5 million) for the third quarter, an increase of 120% from the DKK1.2 billion ($175 million) in sales for last year's third quarter.

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TAIPEI – Foxconn reported an 11% increase in its third-quarter profits and predicted 2024 revenue growth of less than 5% amid intense geopolitical uncertainty.

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