MINNEAPOLIS – Nortech Systems has announced plans to close its manufacturing plant in Blue Earth, MN, by the end of the year.

PEACHTREE CITY, GA – Registrants for the PCB East exhibition this June will gain access to eight free technical sessions ranging from printed circuit design to fabrication and assembly, the Printed Circuit Engineering Association (PCEA) announced today. The sessions take place on June 5 at the Boxboro Regency Hotel and Conference Center in Boxborough, MA, and cover topics about AI and PCB design, strategic design PCB assembly, flex design, surface finishes, and more.

NEW DELHI – Dixon Technologies reported a 52% jump in fourth quarter revenue, totaling Rs 4,658 crore ($558.4 million).

PALO ALTO, CA – Instrumental has announced its entry into the defense electronics industry with an ITAR-compliant environment for its manufacturing data and AI platform.

CHICAGO – Nine EMS transactions took place in the first quarter, one less than the 10 reported in the first quarter of 2023, Lincoln International recorded in its latest EMS Quarterly Review.

BANNOCKBURN, IL – Sentiment among electronics manufacturers fell this month after hitting a new high in April, but still remains historically high, according to IPC’s May Sentiment of the Global Electronics Manufacturing Supply Chain Report.

FONTENAY-AUX-ROSES, FRANCE – Icape Group announced €43.5 million ($47.3 million) in revenue for the first quarter, down 15.8% compared to the same period in 2023.

FREDERICK, MD – ACDi has expanded its presence on the East Coast with the acquisition of a manufacturing plant in Kilmarnock, Virginia.

MILPITAS, CA – The global semiconductor manufacturing industry showed signs of improvement in the first quarter with an uptick in electronic sales, stabilizing inventories and an increase in installed wafer fab capacity, SEMI announced in its Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights.

SAINT HERBLAIN, FRANCE – Lacroix posted revenue of €186.3 million ($201.5 million) for the first quarter, down 4.4% compared with 2023's first quarter.

PATHUMTANI, THAILAND – SVI Public Co. announced revenue of THB5.1 billion ($142.4 million) for the first quarter, a decrease of 17.6% from last year's first quarter.

TAIPEI – Foxconn reported a 72% rise in first-quarter profit, its third consecutive increase in quarterly profit.