News
WASHINGTON – SEMI announced that global semiconductor equipment billings reached $33.07 billion in the second quarter, representing a 24% year-over-year increase and a 3% quarter-over-quarter gain. The strong results were driven by demand for advanced logic and high-bandwidth memory (HBM) DRAM applications, alongside increased shipments to Asia.
TAIPEI – Hon Hai Precision Industry (Foxconn) posted August sales of NT$606.51 billion, an 11% year-on-year increase YoY. The company’s growth rate for the month stood at 10.6%. Investor sentiment remains positive. Market watchers cite Hon Hai’s expanding role in AI data centers through its alliance with Teco, as well as its growing electric vehicle portfolio, highlighted by Mitsubishi Motors outsourcing EV production to Foxconn.
Inventec is set to establish a presence in Katy, Texas, with renovations beginning this fall on its first US facility in the region. The company has leased approximately 540,000 square feet of space at Park 10 Ninety Nine near Katy Asian Town, signaling a long-term commitment to the area.
Press Releases
- E-tronix Hosts Webinar with Laser Wire Solutions CEO on Advancing Medical Manufacturing Through Laser Technology
- Niche Electronics Completes Transition to Enhanced Leadership Team
- Aegis Software Expands its Presence in France and Partners with STPGroup
- Altus Adds Breakthrough Automated Inline Laser Depaneling System to its Line-Up