ATLANTA – According to ECIA’s most recent Covid-19 survey ended June 12, responses across a range of measures reflect renewing optimism among supply chain participants consistent with improvements seen in general business metrics.
ST. PETERSBURG, FL – Jabil beat revenue estimates for the May period, reporting preliminary fiscal third quarter net revenue of $6.3 billion, up 3.3% year-over-year. The net loss was $50.3 million, compared to net income of $44 million for the same quarter last year.
FRAMINGHAM, MA – IDC lowered its 2020 forecast for spending on Internet of Things devices to 8.2%, but said double-digit growth rates will return in 2021.
SANTA CLARA, CA – Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the US defense industry and work on new technology, according to reports.
BANNOCKBURN, IL – IPC and International Aerospace Environmental Group issued a statement encouraging use of IPC-1754, Materials and Substances Declaration for Aerospace and Defense and Other Industries, in the aerospace and defense industry and its global supply chain.
SENAI, MALAYSIA – After lockdown, VS Industry has resumed work at its China operations, for which it expects losses to be lower this financial year compared to 2019.
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