MENTOR, OH – Libra Industries is set to close its facility in Northeast Ohio, resulting in the permanent loss of 17 jobs. 

BANNOCKBURN, IL – Total North American EMS shipments in January were down 2.4% 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 1.27.

OSAKA, JAPAN – SIIX announced annual revenue of JPY302.3 billion ($2 billion), down 2.4% from 2023's total.

TAIPEI – Foxconn is among the companies affected by efforts by China to control the outflow of its technology and keep key technologies within the company, according to a report by The Financial Times.

STAMFORD, CT – Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2023, according to preliminary results by Gartner. Revenue is projected to total $705 billion in 2025.

SPOKANE VALLEY, WA – Keytronic plans to build a $28 million manufacturing facility in Springdale, AR, and anticipates creating more than 400 jobs in the next five years.

BILLINGSTAD, NORWAY – Kitron's revenue for the fourth quarter was €160.6 million ($167.5 million), down 19.3% from 2023's fourth quarter.

CHICAGO – Seven EMS transactions were recorded in the fourth quarter of 2024, reflecting a decrease from eight in 2023's fourth quarter and twelve in the fourth quarter of 2022, Lincoln International reported in its latest EMS Quarterly Review.

SPOKANE VALLEY, WA – Keytronic has announced plans to significantly increase production capacity in Arkansas and Vietnam.

PEACHTREE CITY, GA – Registration for PCB Detroit, a new technical conference and tabletop event, is now open, the Printed Circuit Engineering Association (PCEA) announced today. The new event takes place June 2-3 on the campus of Wayne State University in Detroit, MI.

SAINT-HERBLAIN, FRANCE – Lacroix reported €494.3 million in annual revenue for its Electronics segment, down 12.1% from 2023's total.

TAIPEI – Foxconn's January revenue rose 3.16% year-over-year to NT$538.7 billion ($16.4 billion), the second-highest total the company has reported for the month.