AUSTIN, TX – Flex reported strong results for its second quarter of fiscal 2026, posting $6.8 billion in net sales, up 4% year over year and at the high end of its guidance range. GAAP net income for the quarter reached $199 million, including $41 million in costs related to missile strike damage at Flex’s Ukraine facility.
LUCKNOW, INDIA – Concord Control Systems Limited has taken a step into advanced electronics manufacturing with the acquisition of a 50% equity stake in Fusion Electronics Private Limited. The deal, completed through a definitive Share Purchase Agreement, marks Concord’s entry into the high-value flex PCB segment and designates Fusion as an associate company.
TORONTO, CANADA – Celestica posted strong third-quarter results, with revenue climbing 28% year-over-year to $3.19 billion, exceeding the high end of its guidance.
KEDAH, MALAYSIA – Ichia Technologies has inaugurated its second state-of-the-art facility at Kulim Hi-Tech Park (KHTP). The $102 million investment establishes a 55,000-square-meter plant on an 11-acre site that integrates automation, AI and IoT systems in alignment with Industry 4.0 principles.
MILPITAS, CA – Global silicon wafer shipments are projected to rebound 5.4%, rising from 12,165 million square inches (MSI) in 2024 to 12,824 MSI, according to the latest forecast from SEMI. The association anticipates consistent growth through 2028, when shipments are expected to reach a record 15,485 MSI, propelled by surging demand across artificial intelligence (AI) and high-performance computing markets.
WATERBURY, CT – Element Solutions, the parent company of MacDermid Alpha Electronics, on Oct. 28 announced a definitive agreement with Celanese to acquire its Micromax subsidiary for approximately $500 million in cash, subject to adjustments.
BRONSCHHOFEN, SWITZERLAND – Cicor Group on Oct. 27 signed an agreement to acquire two production sites from Valtronic.
PEACHTREE CITY, GA – October 27, 2025 – The Printed Circuit Engineering Association (PCEA) announced today dates for the PCB West 2026 conference and exhibition. The one-day exhibition will take place Wednesday, September 30, while the four-day technical conference will take place September 29 to October 2.
NEEDHAM, MA – Global smartphone shipments climbed 2.6% year-over-year to 322.7 million units in the third quarter, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The growth marks another step in the market’s steady recovery, driven by innovative device launches, flexible financing and consumers upgrading faster than expected.
SIKAINEN, FINLAND – Scanfil Oyj reported a strong third quarter with turnover reaching approximately $205 million, a 10% increase from the same period last year. Comparable EBITA rose to about $15 million, reflecting a 10% increase.
STOCKHOLM – Mycronic AB reported a strong third quarter with order intake reaching approximately $221 million, a 67% increase from the same period last year. Net sales declined 4% to roughly $156 million, while EBIT fell to about $23 million, reflecting a lower gross margin and a less favorable division mix.
BILLINGSTAD, NORWAY -- Kitron reported third quarter revenue of EUR 145.1 million ($168,5 million), down 19% from last year.