SENAI, MALAYSIA – VS Industry Berhard reported fiscal third quarter revenue of MYR 505.7 million (US$119.9 million), down 43% year-over-year.
PHOENIX – Benchmark Electronics has joined the ranks of vertically integrated manufacturers with its new 122,000 sq. ft. state-of-the-art factory in Phoenix.
BINAN, PHILIPPINES – Cirtek Holdings Philippines reported first quarter gross revenues up 6% year-over-year to $22.3 million due to an increase in orders for its antenna products, say reports.
FRANKFURT – In April, German electronics industry exports dropped 20% to €13.5 billion compared to April 2019, according to ZVEI.
SAN JOSE – The Air Force Research Laboratory will invest $154 million in Nextflex during the next seven years to fund development of 3-D printed electronics that can support military operations and defense manufacturing.
ST. PETERSBURG, FL – With expenses continuing to rise due to the Covid-19 pandemic, Jabil said it would cut its workforce globally by 1,500. The moves will save the EMS company $50 million a year.
Press Releases
- Medco West Enhances PCB Cleaning Capabilities with Installation of Typhoon T9 Aqueous Inline Cleaner; Peter Sowinski Comments
- Mycronic High Flex changes division name to PCB Assembly Solutions; Clemens Jargon Comments
- PRIDE Industries Invests in Kurtz Ersa POWERFLOW Wave Soldering System to Expand High-Reliability Electronics Manufacturing Capabilities
- Federal Electronics Adds AS9100 Certification to Hermosillo, Mexico Facility, Expanding Aerospace & Defense Capabilities