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MENTOR, OH – Libra Industries is set to close its facility in Northeast Ohio, resulting in the permanent loss of 17 jobs. 

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BANNOCKBURN, IL – Total North American EMS shipments in January were down 2.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.27.

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OSAKA, JAPAN – SIIX announced annual revenue of JPY302.3 billion ($2 billion), down 2.4% from 2023's total.

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TAIPEI – Foxconn is among the companies affected by efforts by China to control the outflow of its technology and keep key technologies within the company, according to a report by The Financial Times.

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STAMFORD, CT – Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2023, according to preliminary results by Gartner. Revenue is projected to total $705 billion in 2025.

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SPOKANE VALLEY, WA – Keytronic plans to build a $28 million manufacturing facility in Springdale, AR, and anticipates creating more than 400 jobs in the next five years.

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