SAINT-HERBLAIN, FRANCE – LACROIX announced plans to fully exit its North American electronics operations by the end of the year as part of a shift toward higher-potential activities in Europe and environmental solutions.
SURREY, BC – Canadian Circuits Inc. (CCI) has introduced a prototype PCB assembly (PCBA) service aimed at accelerating the product development timeline for engineers and OEMs.
AUSTIN, TX – A supply shortage of build-up substrates is looming, starting in 2029, with tight conditions emerging as early as 2028, according to a new report from tech research firm TechSearch International.
ATTLEBORO, MA – Distron has expanded its electronics manufacturing services operations with the addition of a third building in the North Attleboro Industrial Park, less than a quarter mile from its original location. The 56,000 sq. ft. facility will support growing demand for box-build services, mechanical engineering, warehousing and fulfillment.
FONTENAY-AUX-ROSES, FRANCE – ICAPE Group posted first quarter revenue of $54.9 million, a 13% increase from the same period last year.
GERMANY / SUDBURY, MA – DELO reported $265 million in revenue, up 7% year-over-year, setting a new company record despite global economic volatility. Asia accounted for 56% of total revenue, making it DELO’s largest regional market, with additional strong growth from Brazil and India.
JASPER, IN – Kimball Electronics reported its third quarter results, showing a 12% decline in net sales to $374.6 million, compared to $425 million last year. Operating income rose to $11.7 million, reversing last year's loss of $6.4 million, while adjusted operating income remained steady at 4.2%. The company also reported a positive net income of $3.8 million, compared to a loss of $6.1 million in Q3 2024.
CALGARY, AB – Kaynes Technology India Limited has announced the acquisition of Canada-based August Electronics through its subsidiary, Kaynes Canada Limited. The transaction is expected to close by the end of May, pending regulatory approvals.
AUSTIN, TX – Flex reported a quarterly revenue of $6.4 billion, up 1.6% year-over-year.
THAILAND – SVI Public Company Limited reported a net profit of $3.9 million for the first quarter. The company faced a 17.2% year-over-year revenue decline, mainly due to economic uncertainty.
MANASSAS, VA – Zestron has introduced its Reliability and Solutions (R&S) service for printed circuit assembly failure analysis. The service covers design to high-volume production.
TAIWAN – Foxconn reported record consolidated revenue of $21.3 billion for April, up 16.1% from March and 25.5% year-over-year. The growth was driven by strong shipments of AI cloud products, particularly components tied to Nvidia’s GB200 platform, including GPU modules and full system assemblies.