BUSINESS NEWS
Jabil announced $6.8 billion in revenue for the second quarter of its fiscal year, a year-over-year decline of 16.8%.
Shennan Circuits, said 2023 revenue slipped 3.3% to CN¥13.5 billion ($1.87 billion), making it the ninth largest PCB fabricator.
Taiwan Surface Mounting Technology reported revenue of NT46.5 billion ($1.47 billion) for 2023, down 32% from the previous year.
NPD, a South Korean contract manufacturer of flex circuit assemblies, reported full-year 2023 revenue of ₩235.7 billion ($177 million), down 26% from 2022.
Aspocomp announced annual sales of EUR32.3 million ($35.3 million), a decrease of 17% from the previous year's total.
Pegatron noted the significant impact of weak market demand on the company's operations in 2023; however, according to co-CEO Teng Kuo-Yen, the worst has already passed, and revenue is expected to see year-on-year increases.
Worthington Assembly, a micro-tier EMS in western Massachusetts, focuses on "humanizing manufacturing."
Foxconn Technology may build high-tech factories in the US and low-cost plants in Indonesia as the appeal of "made in China" fades into a burden.
|