SANTA ANA, CA – Ducommun reported first quarter revenue of $190.8 million, an increase of 5.3% over the first quarter of 2023.

HELSINKI – Incap saw revenue of EUR51.4 million ($55.2 million) in the first quarter, a 29.3% year-over-year decline.

WASHINGTON – The US will triple its domestic semiconductor manufacturing capacity from 2022 – when the Chips Act was enacted – by 2032, the Semiconductor Industry Association projects in a new report.

BANGKOK – Fabrinet announced $731.5 million in revenue for the third quarter of its fiscal year, up 10% over the third quarter of fiscal year 2023.

SPOKANE VALLEY, WA – Key Tronic reported total revenue of $140.5 million for the third quarter of its fiscal year, compared to $164.6 million in the same period of fiscal year 2023.

VEJLE, DENMARk – GPV Electronics has opened a refurbished factory building in Thailand, adding 7,000 sq. m. of floor space to its existing 15,000 sq. m. facility.

WASHINGTON – Worldwide sales of semiconductors totaled $137.7 billion during the first quarter, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023, the Semiconductor Industry Association announced.

MILPITAS, CA – Global semiconductor materials market revenue in 2023 contracted 8.2% to $66.7 billion from the market record of $72.7 billion set in 2022, SEMI reported in its Materials Market Data Subscription (MMDS).

NEEDHAM, MA – Worldwide tablet shipments posted modest year-over-year growth of 0.5% in the first quarter after more than two years of decline, IDC reported from its Worldwide Quarterly Personal Computing Device Tracker.

ATLANTA – Overall sales sentiment among electronic components supply chain players continues to rise, according to ECIA's latest Electronic Component Sales Trends survey.

BIÑAN, PHILIPPINES – Integrated Micro-Electronics has announced the appointment of Louis Sylvester Hughes as its new CEO, effective May 1.

TAIPEI – Foxconn reported record sales for the month of April and reiterated its expectations for a rise in revenue for the second quarter.