News
TAIPEI, TAIWAN – Hon Hai Precision Industry reported record January revenue of $23 billion, up 36% year over year, driven by strong shipments of artificial intelligence–related products, particularly in cloud and networking hardware.
WASHINGTON, DC – North American electronics manufacturing services (EMS) bookings surged 28.7% month over month in December and rose 5.1% year over year, outpacing shipment growth and lifting the book-to-bill ratio to 1.24.
WASHINGTON, DC – North American printed circuit board shipments increased 11.0% year over year in December, while bookings also rose 11.0% compared to the same month last year. Despite the annual growth, shipments declined 12.8% month over month, and bookings fell 17.7% from November levels, reflecting typical year-end seasonality.
TEMPE, AR – Benchmark Electronics reported fourth-quarter revenue of $704 million, up 7% from $657 million a year earlier, as growth in aerospace and defense and medical programs offset softness in other end markets.
AUSTIN, TX – Flex reported third quarter net sales of $7.1 billion, up 8% year over year, exceeding company guidance as strength across diversified end markets.
BANGKOK – Fabrinet reported record quarterly results and raised its outlook for the third quarter as demand accelerated across telecom, datacom and high-performance computing programs.
