Enniskillen, UK – Ireland-based Elite Electronic Systems has announced the acquisition of CB Technology, a contract manufacturer headquartered in Livingston, UK.
TRICHY, INDIA – Jabil is set to build a new manufacturing plant here, with a INR2,000 crore ($238 million) investment to set the foundation of a new electronics manufacturing cluster.
JACKSONVILLE, IL – Foxtronics EMS has added additional expertise in life science and aerospace and defense capabilities with the acquisition of Accutron.
ATLANTA – Positive market sentiment expressed by participants in the electronic components supply chain improved in the August measurement as it reached 108.4, according to ECIA's monthly Electronic Component Sales Trend survey.
TAIPEI – Foxconn reported a 32% year-over-year rise in revenue for August, totaling $17.1 billion.
MILPITAS, CA – Global semiconductor equipment billings increased 4% year-over-year to $26.8 billion in the second quarter, while quarter-over-quarter billings edged up 1% during the same period, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics Report.
ELK GROVE VILLAGE, IL – SigmaTron International reported revenue of $373.9 million for its full fiscal year, a decrease of 10% compared to fiscal year 2023.
KUALA LUMPUR – VS Industry has leased 52,700 sq. m. of space in the ALogis Santo Tomas industrial park in Batangas, Philippines, to build a new manufacturing facility in the country.
WASHINGTON – Global semiconductor industry sales hit $51.3 billion in July, an increase of 18.7% compared to the July 2023 total of $43.2 billion and 2.7% more than the June 2024 total of $50 billion, SIA announced.
BANGKOK – Cal-Comp Electronics reported sales of $975.1 million for the second quarter, a decrease of 10.6% from the same quarter last year.
ROSHEIM, FRANCE – French electronics manufacturer Alliance Electronics has announced the acquisition of EMS Factory, a specialist in prototyping and low- to medium-volume assembly.
NEEDHAM, MA – Worldwide smartphone shipments are forecast to grow 5.8% year over year in 2024 to 1.23 billion units, according to IDC's Worldwide Quarterly Mobile Phone Tracker.