BUSINESS NEWS
AT&S saw annual sales fall by 13% year-over-year to total €1.55 billion ($1.68 billion).
Icape Group announced €43.5 million ($47.3 million) in revenue for the first quarter, down 15.8% compared to the same period in 2023.
Dixon Technologies reported a 52% jump in fourth quarter revenue, totaling Rs 4,658 crore ($558.4 million).
Sentiment among electronics manufacturers fell this month after hitting a new high in April, but still remains historically high, according to IPC’s May Sentiment of the Global Electronics Manufacturing Supply Chain Report.
There are several active efforts to build up India’s manufacturing capability and capacity in the electronics system design and manufacturing value chain.
Instrumental announced its entry into the defense electronics industry with an ITAR-compliant environment for its manufacturing data and AI platform.
TSMC said there was no damage to its facilities after an incident at its Arizona factory construction site where a waste disposal truck driver was transported to hospital.
Apple is expected to have a quarter of all iPhones made in India by 2028, according to the country's IT minister.
The UK manufacturing sector remains vitally important despite recent challenges, says an EMS executive.
As AI continues to be deployed in an ever-increasing range of industries, Foxconn, Quanta, and Inventec hold advantages in competition for GB200 server orders.
TRI opened a new manufacturing facility in Linkou, Taiwan.
Essemtec signed a strategic partnership with SMTO for the Mexican market.
Altus will distribute PVA’s PathMaster X software.
Variosystems appointed Markus Dillinger head of test engineering for Variosystems Europe.
SmartRep named Michael Brianda CEO.
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