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BUSINESS NEWS
Micron Technology is poised to get $6.1 billion in federal grants to help pay for factory projects in New York and Idaho.
Shennan Circuit reported first quarter revenue of CNY3.96 billion ($574 million), up 42.4% compared to the same quarter last year.
Mycronic announced a 39% year-over-year sales increase for the first quarter, totaling SEK1.7 billion ($155.4 million).
KLA has announced that it is exiting the flat panel display (FPD) business by the end of the year, but will continue to provide services to the customer base for its discontinued products.
US states like Arizona and New Mexico are expected to become more tempting for investments, partly thanks to an EV cluster that will emerge in the southwestern US and northern Mexico.
TSMC said the earthquake that struck Taiwan on April 3 caused estimated losses of NT3 billion ($92.44 million) to the company in the second quarter.
PCB manufacturers are upbeat about the long-term demand prospects for automotive PCBs notwithstanding the recent decline in car demand.
Foxconn this month started a rotating chief executive system in an overhaul of its management designed to nurture successors.
Apple CEO Tim Cook said the company will look at manufacturing in Indonesia, following a meeting with the country’s President Joko Widodo.
Driven by the aggressive India push from Apple, the southern state of Tamil Nadu has become the top state in terms of electronic goods exports.
Hiring in India’s electronics industry increased 154% year over year in March, with telecom topping the hiring demand.
Zestron named Whitlock Associates representative in Florida.
Instrumental announced it has joined Nvidia Metropolis, a partner program focused on bringing to market a new generation of vision AI applications.
SMTXtra appointed MaRC Technologies representative for the Pacific Northwest.
Sono-Tek named SMarTsol Technologies representative in Mexico.
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