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BUSINESS NEWS
TTM Technologies agreed to acquire Switzerland-based Swiss Technology Group and Germany's ILFA, establishing a European PCB manufacturing footprint.
Jabil reported nearly $9B in third-quarter revenue and raised its fiscal year outlook, citing strong AI infrastructure demand.
Kingboard plans to raise over $1B through a stake sale in Kingboard Laminates to expand PCB and laminate production capacity
Jabil inaugurated its advanced manufacturing facility in Pune, which will manufacture AI-enabled data center equipment, 5G systems, advanced networking gear and industrial power electronics and is expected to create up to 11,000 jobs.
Polymatech opened a $25M Singapore manufacturing facility for LED chip-on-board packaging and advanced memory module assembly serving Asia-Pacific markets.
Samsung is seeing increased interest in its contract chipmaking business from companies including BYD, Google, AMD and Tesla as AI-driven demand for advanced semiconductors tightens manufacturing capacity across the industry.
Interflex will invest $18M in Korea Circuit Vina, increasing its ownership stake to 89 percent and expanding PCB manufacturing operations in Vietnam.
Tata Electronics said Tamil Nadu's pollution control board has ended its review of the company's iPhone components plant in Hosur.
PCB Technologies has been awarded approximately EUR 8.6 million ($9.88M) in new orders from a semiconductor industry customer.
Metal Etch Services opened a Detroit facility to expand stencil manufacturing capacity.
Incap appointed Adam Ryder managing director of its UK electronics manufacturing operation.
ZTEST Electronics announced Steve Smith has resigned as president and chief executive. Day-to-day operations will continue under Suren Jeyanayagam, president of Permatech Electronics.
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