COSTA MESA, CA – Ducommun has rejected an unsolicited, revised buyout offer from Albion River that valued the company at around $957 million, saying the offer undervalues its mid- and long-term growth initiatives.
AUSTIN, TX – Flex reported sales of $6.3 billion for the first quarter of its fiscal year, down 8.4% from the first quarter of 2023.
BANNOCKBURN, IL – Sentiment among electronics manufacturers slipped in July, dropping to the lowest level in a year, but it remains above its long-term average, according to IPC’s July Sentiment of the Global Electronics Manufacturing Supply Chain Report.
SAINT HERBLAIN, FRANCE – Lacroix reported revenue of €129.5 million ($140.5 million) for its Electronics segment in the second quarter, down 9.1% year on year.
ARLINGTON, VA – JEDEC has announced upcoming standards for advanced memory modules designed to power the next generation of high-performance computing and AI applications.
ATLANTA, GA – Koh Young will host the next STMA Atlanta Chapter technical meeting at its Americas headquarters in Duluth, GA, on Aug. 15.
NEVADA CITY, CA – The worldwide contract manufacturing market declined 8% in 2023, according to New Venture Research's Worldwide Electronics Manufacturing Services Market – 2024 Edition.
PHOENIX, AZ – Latham Industries has opened a new 10,000 sq. ft. manufacturing facility here, representing a substantial growth from its previous 4,800 sq. ft. location.
STOCKHOLM -- Note reported second quarter revenue fell 6% year over year to SEK 1.01 billion ($94.5 million).
PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today announced electronics design software architect Charles Pfeil will keynote the PCB West conference and exhibition in October.
COSTA MESA, CA -- Ducommun received an unsolicited revised nonbinding indication of interest from Albion River, a private direct investment firm, to acquire all outstanding shares of Ducommun for $65 per share in cash.
DELHI, INDIA -- The Competition Commission of India (CCI) has approved Dixon Technologies' acquisition of up to 56% shareholding of Ismartu India Private Ltd.