BANGKOK – Fabrinet reported fiscal second-quarter revenue of $178.6 million, up 6.7% year-over-year. GAAP net income for the period ended Dec. 27 was $14.5 million, down 14.2% year-over-year.
MILWAUKEE, WI – In its 60th year in electronics manufacturing services, MEC has returned to its original name of Milwaukee Electronics.
KAUNAS, LITHUANIA – Kitron plans to expand its production here by building a 5,000 sq. m. factory starting in spring.
WASHINGTON — Worldwide semiconductor sales for 2013 reached $305.6 billion, the highest-ever annual total, the Semiconductor Industry Association announced today. Sales were up 4.8% over 2012, as a record-setting December ($26.6 billion) pushed the industry past its previous mark.
LOS ALTOS, CA -- A bevy of electronics-based options are driving new car decisions, according to a new report. World production of automotive electronics will grow 8.4% this year, up from a 6.8% gain in 2013, says Henderson Ventures in its monthly report.
LONDON -- Wearable technology device sales volumes this year will reach 90 million units, ABI Research projects. Big gains will come from healthcare and sports and activity trackers, the research firm says.