BUSINESS NEWS
Japan's PCB output has shrunk for 20 consecutive months, with the country’s output of flexible boards ending its growth trend after five consecutive months.
Ellington Electronics Technology saw revenue of CNY934.8 million ($131.2 million) for the second quarter, up 15% from 2023's second quarter.
SigmaTron International reported revenue of $373.9 million for its full fiscal year, a decrease of 10% compared to fiscal year 2023.
Fine Circuit’s second quarter revenue of KRW24.9 billion ($18.6 million) marked an increase of 41% from last year's second quarter.
VS Industry announced a lease agreement with AyalaLand Logistics Holdings to build a new manufacturing facility in the Philippines.
China spent more on semiconductor manufacturing equipment in the first half of the year – $25 billion – than Korea, Taiwan and the US combined.
A confluence of challenges, including a surge in late payments, a persistent labor crunch, and relentless inflationary pressures, is creating unprecedented problems in the flow of goods and services worldwide.
China has threatened severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms, complicating US-led efforts to cut the world’s second-largest economy off from advanced technology.
Eagle Circuits was selected to build the first set of Occam test assemblies.
Bittele Electronics opened a new sales office in Charlestown, MA.
Libra Industries opened a new manufacturing clean room at its Dayton, OH, facility.
Scrona announced a collaboration to use Electroninks’ materials within its MEMS-based EHD printhead technology.
BAE Systems will provide electronic warfare systems for the US F-15E jet fighter-bomber in a $14.8 million order.
Starteam Global will integrate Notion Systems’ n.jet solder resist system and Peters’ Elpejet IJ 2467 inkjet solder mask at its new factory in Flero, Italy.
Europlacer appointed Realize SMT Canada manufacturers’ representative in Ontario, Manitoba, Saskatchewan and Alberta.
CEE PCB appointed Jerome Larez field application engineer for North America.
|