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.

ATLANTA -- Calling the tariffs levied by the US and China "crippling," the Electronic Components Industry Association said sales sentiment plummeted in April.

GLENVIEW, IL – The electronics unit of Illinois Tool Works reported revenue of $652 million, with operating income of $139 million and an operating margin of 21.4%.

TEMPE, AZ – Benchmark Electronics reported first quarter revenue of $632 million, a 6.5% year-over-year decline, missing expectations by $8.24 million. Despite the drop, the company delivered operating income of $29 million and generated over $27 million in free cash flow.

PEACHTREE CITY, GA – The annual PCB East conference, featuring more than 75 hours of in-depth electronics engineering training, opens today at the Boxboro Regency Hotel and Conference Center in Boxborough, MA, the Printed Circuit Engineering Association (PCEA)announced.

TORONTO –  Celestica reported first quarter revenue of $2.65 billion, a 20% increase from first quarter 2024.

BANNOCKBURN, IL – Total North American EMS shipments in March were up 0.2% 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 1.37, up from 1.27 in February.