BUSINESS NEWS
MKS Instruments reported $935 million in fourth quarter revenue, up 4.7% from the fourth quarter of 2023.
Icape Group announced €181.6 million ($189.4 million) in full-year revenue, down -2.2% compared to 2023's total.
Kitron's revenue for the fourth quarter was €160.6 million ($167.5 million), down 19.3% from 2023's fourth quarter.
DuPont has increased its forecast for 2025 profits on the back of a strong demand for electronics, particularly the rapidly-growing market for semiconductors used in AI-based technology.
Keytronic plans to significantly increase production capacity in Arkansas and Vietnam to help mitigate the impact of tariffs on goods manufactured in China and Mexico.
Foxconn can plan its production around new US tariffs, the company's chairman said.
Taiwanese investments in Thailand’s PCB production have surged, fueled by US-China tensions, with 126 projects bolstering the country’s electronics sector.
The Indian electronics industry seeks enhanced trade ties with the US, aiming for $750 billion in bilateral trade by 2032.
Vietnam’s Red Board Technology will build a $110 million PCB manufacturing plant in the country’s Kim Bang I Industrial Park.
Unimicron Technology announced that it was targeted by a ransomware group threatening to release stolen data.
Feig Electronic, a manufacturer of high-quality RFID reader systems located in Weilburg, Germany, has invested in a new SMT line from Fuji Europe.
Best Inc. announced the launch of new lead tinning services for electronic components.
Texmac appointed Arrowhead Technical Sales & Marketing representative for Takaya flying probe test systems and technology in Arizona.
Inovaxe will distribute MP DRY cabinet’s dry cabinet storage solutions.
Parmi USA signed a representative agreement with Technica USA for CA, NV, OR, WA, ID, UT, AZ, NM, CO, WY, TX, OK, AR and LA.
Intervala appointed Robert McKernan president and CEO.
Suntech Circuits appointed Cameron Burke CEO of Suntech Circuits North America.
Juki America – EAS Division appointed Mitch DeCaire regional sales manager for the Midwest, Northwest and Western Canada and Bob Doetzer regional sales manager for the East Coast.
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