News
SON, THE NETHERLANDS – Neways Electronics reported third quarter sales of €116 million, up 1.3% sequentially but down 4.2% from a year ago, due in part to ongoing supply chain disruptions.
DUNDALK, IRELAND – Flex acquired Anord Mardix in a $540 million all-cash transaction. The acquisition adds to Flex's power products and expands its offering in the data center market.
SAN FRANCISCO -- Tempo Automation and ACE Convergence Acquisition Corp. a special-purpose acquisition company focusing on industrial and enterprise IT, announced today that they have entered into a definitive merger agreement.
ELK GROVE, IL – SigmaTron’s CEO, chairman and president Gary R. Fairhead stepped down as president, effective today.
NEEDHAM, MA – Global shipments of traditional PCs, inclusive of desktops, notebooks, and workstations, reached 86.7 million units during the third quarter, up 3.9% year-over-year, according to the International Data Corp.
HERTFORDSHIRE, UK – Refined tin use in 2020 decreased 1.6% to 361,900 tonnes, with a preliminary estimate of 7.2% expansion during 2021, attributed to recovery from the Covid-19 pandemic, according to a recent survey by the International Tin Association. These data reflect unexpected boosts to tin use such as working from home. This, however, could be overly optimistic based on use sectors being constrained by supply chain issues in the second half of 2021, says ITA.
Press Releases
- Libra Industries Expands Precision Fabrication Capabilities in Guaymas with Advanced Amada Laser System
- Distron Adds Second Juki Selective Soldering System to Support Growing Production Demand
- Amtech’s New Process Upgrades Elevate Transparency, Speed, and Manufacturing Readiness
- FlashPCB Enhances SMT Production Line with Heller 1809 Reflow Oven and KIC ProBot