MINNEAPOLIS, MN – CyberOptics reported sales of SMT inspection systems declined 31% year-over-year to $4.6 million in the fourth quarter. Reduced demand for legacy 2D products offset higher sales of SQ3000 3D AOI systems, which increased nearly 70% year-over-year to $2.7 million.
NEUNKIRCHEN, GERMANY -- Neways Electronics has begun work on a 1,000 sq. m (10,763 sq. ft.) expansion of its EMS plant here.
BANNOCKBURN, IL — A new document from IPC's Pb-free Electronics Risk Management (PERM) Council assists design engineers in the development of electronics that are completely lead-free and meet the requirements of aerospace, defense and high performance (ADHP) products and systems.
BILLINGSTAD, NORWAY – Kitron posted fourth quarter revenue of NOK 668 million ($86 million), an increase of 17% year-over-year.
SIEVI, FINLAND – Scanfil reported fourth quarter revenue of EUR 144.4 million ($179.8 million), up 18.1% year-over-year.
BERKSHIRE, UK – TT Electronics will acquire Stadium Group in a cash transaction valued at approximately £45.8 million.
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- ProcureAbility Releases New Benchmarking Report Confirming Widespread AI Development and Adoption in Procurement with Focus on Targeted Enterprise Results