BUSINESS NEWS
Icape Group's 2023 revenue amounted to EUR179.5 million ($194.2 million), down 18.3% compared to 2022.
Simmtech announced KRW1.04 trillion ($770 million) in revenue for 2023, a drop of 39% from 2022.
Zhen Ding Technology’s revenue for 2023 amounted to TWD151.4 billion ($4.7 billion), representing a year-over-year drop of 11.6%.
VS Industry Berhad announced revenue of MYR895 million ($189 million) for the second quarter of its fiscal year, a year-over-year decrease of 22%.
Yan Tat Group reported revenue of HK629.4 million ($80.5 million) in 2023, down 15% from 2022's total.
Fine Circuit reported KRW69.2 billion ($51.2 million) in annual revenue, an increase of 7.5% from the previous year.
Wus Printed Circuit saw annual revenue of CNY8.94 billion ($1.2 billion), a 7.2% year-over-year increase.
Neway CNC Equipment’s 2023 revenue of CNY2.32 billion ($321 million) was up 26% from 2022.
Shengyi Technology reported CNY16.59 billion ($2.3 billion) in 2023 revenue.
Sentiment among electronics manufacturers remains positive, with demand reaching the highest level in a year, according to IPC’s March Sentiment of the Global Electronics Manufacturing Supply Chain Report.
Apple’s overseas suppliers have reportedly ramped up production of the company’s new iPads and a launch is planned for early May.
The US is asking allies to stop domestic companies from servicing certain chipmaking tools for Chinese customers as it ramps up efforts to hobble China's chipmaking capabilities.
Global smartphone shipments are expected to rebound 3% this year as easing inflation aids a demand recovery in emerging markets and the integration of generative AI attracts buyers to premium devices.
Thailand’s Board of Investment has approved more benefits to attract PCB makers to the country.
Taiwan’s ‘Net Zero’ efforts were among the key highlights at the recent Smart City Summit and Expo.
Remtec completed a new, 55,000 sq. ft. facility in Canton, MA.
NextFlex presented its annual Fellow Awards to five people in recognition of their commitment to advanced manufacturing and the additive hybrid electronics member community.
American Standard Circuits opened a new 12,000 sq. ft. warehouse in West Chicago.
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