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BUSINESS NEWS
Global semiconductor sales rose 15.8 percent in the third quarter compared to the previous quarter, reaching 208.4B.
Japan’s PCB market is gaining momentum as consumer electronics, 5G rollout and IoT growth increase demand for high-density, high-performance board technologies.
Samsung has delayed DDR5 contract pricing until mid-November as spot prices continue to surge, with supply pressure driven by cloud service provider spending and AI-related demand.
Foxconn has cut its China-based production footprint from nearly all operations three years ago to about 65 percent today, with expanded capacity in Vietnam, India and Mexico.
The Philippines’ manufacturing PMI rose to 50.1 in October from 49.9 in September.
Global wafer shipments reached 3,313 MSI in the third quarter, a 3.1% year-on-year increase.
Coherix will relocate to a larger Ann Arbor facility by year-end, adding production capacity and new engineering roles.
Source Engineering acquired AimTek, adding tape & reel packaging and SMT component services.
Sanmina is expanding its Fermoy medical facility in north Cork and will add up to 150 jobs across engineering, quality, manufacturing and operations.
DuPont has completed the separation of its electronics business into Qnity Electronics.
Sanmina reported full-year revenue is up 7.4 percent year-over-year.
Fabrinet reported first quarter revenue up 21.6 percent year-over-year to 978M.
AskPCB joined the High Density Packaging User Group.
The European Space Agency has joined the High Density Packaging User Group.
Koh Young Technology named Jeff Lee head of industrial solutions business.
Inspectis named Johan Stormlund marketing and sales manager for industrial applications.
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