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Mycronic Reports 39% Q1 Sales Increase

TÄBY, SWEDEN – Mycronic announced a 39% year-over-year sales increase for the first quarter, totaling SEK1.7 billion ($155.4 million).

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Jabil CEO Placed on Leave Pending Investigation

ST. PETERSBURG, FL – Jabil has placed CEO Kenny Wilson on paid leave pending the completion of an investigation related to corporate policies.

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VT Mechatronics Doubles Manufacturing Capacity

GYŐR, HUNGARY – VT Mechatronics recently completed an expansion of its factory here that doubled its assembly capacity.

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Note Reports Flat Sales in Q1

STOCKHOLM – Note reported first quarter sales of SEK1.06 billion ($96.9 million), in line with its sales for the first quarter of 2023.

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Boston SMTA/IEEE Hosting Technical Meeting on April 23

BOSTON, MA – The Boston SMTA and IEEE Reliability chapters will be hosting a joint technical meeting on April 23 at Advanced MicroAnalytical in Salem, NH.

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Cicor Announces 12% Q1 Sales Increase

BRONSCHHOFEN, SWITZERLAND – Cicor announced sales of CHF107.3 million ($117.8 million) in the first quarter, up 11.8% compared to last year's first quarter.

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Report: Plexus to Close Oregon Plant

GRESHAM, OREGON -- Plexus has reportedly notified Oregon officials of plans to close its contract electronics manufacturing factory here by this fall.

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‘Early Bird’ Discount for PCB East Technical Conference Ends May 3

PEACHTREE CITY, GA – The discounted price for the PCB East 2024 technical conference ends May 3, conference organizers said today.

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Talk to Me: Celestica Reports Big Q1 Revenue Gain on Communications Demand

TORONTO -- Celestica today announced first quarter revenue of $2.21 billion, up 20% from a year ago, on higher demand for communications and enterprise servers and storage gear.

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Plexus Takes 10% Sales Hit in March Quarter

NEENAH, WI -- Plexus announced fiscal second quarter revenue of $967 million, down 9.7% from a year ago on lower healthcare/life sciences and industrial demand, offset in part by higher demand for...

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SIA Commends CHIPS Act Incentives for Micron’s Manufacturing Projects in New...

WASHINGTON — The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by...

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Kitron Lowers 2024 Outlook, Says More Restructuring Ahead

BILLINGSTAD, NORWAY -- Kitron today reported revenue for the first quarter of EUR 173.9 million ($186.5 million), down from  EUR 190.6 million last year.

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