WASHINGTON – Global semiconductor industry sales totaled $48 billion in November, an increase of 5.3% compared to the November 2022 total of $45.6 billion and 2.9% more than October's total of $46.6 billion, according to the Semiconductor Industry Association.
JUAREZ, MEXICO – Vexos has added to its presence in North America with a new 40,000 sq. ft. manufacturing facility here.
KUALA LUMPUR – VS Industry has earmarked around RM60 million ($12.9 million) for capital expenditures in 2024, which will be channeled towards optimizing costs.
ATLANTA – Participants in the electronic components supply chain are suddenly and strikingly optimistic in their expectations for January after a year of overall index scores languishing between 72.2 and 90.6, according to ECIA's most recent survey.
YOUNGSVILLE, NC – East West Manufacturing will close its facility here in March and lay off 107 workers there, according to paperwork filed with the North Carolina Department of Commerce.
TAIPEI – Foxconn expects a year-over-year drop in revenue in the first quarter of 2024 after slower market demand impacted the prior quarter.