Woodstock Wire: EMS News

Media -- DIGITIMES - Foxconn Electronics (Hon Hai Precision Industry) will cooperate with CTBC Financial Holding to set up an industry fund specifically for investing in companies engaged in electric vehicles (EVs) in a bid to boost development of EV-related industry...

Media -- Evertiq - Sweden as a geographic market drives Kitron. The EMS provider recorded revenues of NOK 994 million (EUR 96.4 million) during the second quarter of 2021, out of this total, NOK 472.3 million (EUR 45.5 millon) came from the Swedish market.

Media -- DIGITIMES - Foxconn (Hon Hai) has disclosed it will invest in Singapore-based SES, a maker of Li-metal batteries, a move in line with its ambitious deployments in the electric vehicle (EV) sector.

Media -- Components in Electronics - Cambridgeshire-based Prism Electronics have once again increased their capabilities and capacity with a significant investment in new equipment.

The contract electronics manufacturer has invested almost a quarter of a million...

Media -- DIGITIMES - Founded in 1989 and headquartered in Bangkok, Cal Comp Electronics (Thailand) is a subsidiary of Taiwan's New Kinpo Group. The electronics manufacturer went public in Thailand in 2001 and issued Taiwan Depository Receipt two years later.

Media -- DIGITIMES - Authority in Vietnam's Bac Giang province is stepping up efforts to help Foxconn (Hon Hai) fully resume production at its three plants there in the wake of COVID sugres, according to a local eport.

Media -- Evertiq - EMS provider Kitron is reporting a solid second quarter with a record order backlog. Strong growth within other market sectors compensated for the lower demand within Medical.

Media -- Evertiq - South African EMS specialist Jemstech has expanded its SMT capacities with two SIPLACE SX2 placement machines forming a separate production line for high-mix applications.

Globe Newswire -- Key Tronic Corporation (Nasdaq: KTCC) (the "Company"), a provider of electronic manufacturing services (EMS), today announced that the Audit Committee of the Company's Board of Directors (the "Audit Committee") has completed its internal investigation,...

Media -- ElectronicsB2B - Foxconn said that its consumer electronics division witnessed the strongest sales growth on a year-on-year basis Taiwanese contract electronics manufacturer Foxconn has reported an all-time high second-quarter sales record of about...

Media -- DIGITIMES - Pegatron will continue to share with Foxconn Technology (Hon Hai Precision) for new 5.4-inch iPhone devices slated for launch in the second half of 2021, according to sources from Taiwan's handset supply chain.

Media -- DIGITIMES - Foxconn (Hon Hai) Technology Group saw its revenues amount to NT$1.36 trillion (US$48.65 billion) in the second quarter of 2021, up a slight 0.7% sequentially.

Aspencore -- EPS News - The worldwide contract manufacturing (CM) market experienced an excellent increase in revenue-an estimated 7.1 percent-which is far in excess of the annual worldwide GDP rate of -3.2% as established by the International Monetary Fund in 2020,...

Media -- Evertiq - Swiss EMS provider Cicor says that its CFO, Patric Schoch, will leave the Group at his own request at the end of June 2022 to take up a new challenge outside the company.

Media -- Evertiq - Total North American EMS shipments in May 2021 were up 1.9 percent compared to the same month last year. Compared to the preceding month, May shipments fell 3.9 percent.

Media -- DIGITIMES - MIH Consortium, a Foxconn-led open EV ecosystem, may extend its business tentacle into the self-driving segment as quite a few startups from the segment are now members of the alliance that aims to promote collaboration in the mobility industry,...

Media -- Evertiq - Note has signed a co-operation agreement with a large international customer. The EMS-provider will manufacture a new generation of a programming module intended for broad applications in industry and for educational purposes.

Media -- DIGITIMES - In an effort to reduce costs and meet emerging markets' demand, Samsung has chosen to place two thirds of its global production capacity at 360 million phones near Hanoi, Vietnam and one third in Noida, India. At the same time, a group of...

Enterprise -- ZDNet News - Foxconn and TSMC are aiming to purchase 5 million doses of COVID-19 vaccine each, before donating them to the Taiwanese government.

Media -- Evertiq - "I'm confident in our plan. As a result, we are raising our financial outlook for the balance of the year. We now expect FY21 revenue to be in the neighborhood of $29.5 billion," says Jabil CEO Mark Mondello.

Media -- ElectronicsB2B - The two companies will jointly develop materials for electric cars, Foxconn said in a statement Foxconn has identified electric vehicles as a key new business and has struck several deals with companies As per a Reuters, Foxconn...

Media -- Evertiq - The current lockdown in Karnataka, India has been extended until 21 June 202, which means that EMS provider Incap will continue to operate its indian factories according to the government guidelines and while still preparing to resume full operations...

Media -- DIGITIMES - Foxconn Technology Group (Hon Hai Precision Industry) has reported May consolidated revenues of NT$455.03 billion (US$16.27 billion), down 9.1% on month, but up 17.6% on year, with the amount for the first five months of 2021 reaching NT$2.29...

Media -- SemiMedia - According to the Financial Times, the electronics manufacturing service provider Flextronics warned the industry that the chips shortage will continue for at least another year.

Aspencore -- EPS News - Luke Smith

The Covid-19 pandemic highlighted for all of us just how important the safety and sanitization of a site are to manufacturing. Without the proper safety measures, you put your employees and your business at risk.

In electronics manufacturing,...

Aspencore -- EPS News - In a new IPC industry survey and report, one-quarter (24 percent) of electronic manufacturers say the costs and burdens of compliance with the Cybersecurity Maturity Model Certification (CMMC) may force them out of the U.S. Department of Defense's...

Media -- Electronics Sourcing - Kemtron's chairman, David Wall, walks readers through the past, present and future of the EMC sector



Q. How has the EMC, RFI and EMI sector evolved over recent years and what is the impact for purchasers?

The last 10-years has...

Media -- Electronics Sourcing - Manufacturing Market Insider's latest research highlights how the global CEM sector is responding to increasing demand across different regions and industry sectors.



Manufacturing Market Insider has released its annual MMI Top...

Media -- DIGITIMES - Foxconn Technology Group (Hon Hai) will form a joint venture with PTT, Thailand's majority state-owned oil and gas company, in the second half of 2021 as part of their memorandum of understanding (MOU) signed for cooperative production of...

Media -- Evertiq - Note has acquired all shares in UK based iPRO Holdings Ltd. iPRO manufactures advanced electronics-based products (box-build) with customers mostly found within Greentech, but also in Medtech and Industrial sectors.

Taipei Times --

Media -- Evertiq - German EMS provider, KATEK, kicks off the fiscal year of 2021 with a strong first quarter showing an increase in sales of about 48%. Sales in the first quarter amounted to EUR 137,5 million, compared with EUR 92,7 million for the same period...

Media -- Evertiq - VDL Groep B.V. (VDL) has announced that it will be making a public offer for all issued and outstanding shares in the capital of EMS provider Neways Electronics International.

U.S. News -- Taiwanese firm Foxconn Technology Co Ltd is in talks to acquire a stake in Malaysian technology firm Dagang NeXchange Bhd...

Aspencore -- EPS News - IPC announced today the April 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.62.

Total North American EMS shipments in April 2021 were up 10.5 percent compared...

Media -- DIGITIMES - Foxconn (Hon Hai) Technology Group is reportedly in talks for taking a certain stake in Malaysia-based Dagang NeXchange (DNeX), which owns a 60% share of 8-inch foundry house SilTerra Malaysia.

Media -- Evertiq - Cogiscan announces a corporate-wide global machine connectivity initiative for Jabil. As part of Jabil's digital transformation strategy, they have chosen to install Cogiscan's Co-NECT technology on 2,000+ SMT machines globally.

Media -- DIGITIMES - Foxconn Technology Group (Hon Hai Precision Industry) will soon reopen its factory sites in Bac Giang, Vietnam that have been closed due to COVID-19.

Media -- Evertiq - The EMS provider is reporting second-quarter net income of USD 47 million, as compared to USD 4.88 million during the same period a year ago.

Media -- Evertiq - German EMS provider SERO GmbH has taken over Semecs, a Dutch electronics manufacturer with a production site in Slovakia - with a turnover of approximately EUR 70 million and about 460 employees - an engineering center in the Netherlands and...

PR Newswire -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the first quarter ended March 31, 2021. Three Months Ended Mar 31, Dec 31, Mar 31, In millions, except EPS 2021 2020 2020 Sales $ 506 $ 521 $ 515 Net income(2) $ 8 $...

Globe Newswire -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the quarter ended April 3, 2021.

Aspencore -- EETimes - Foxconn's announcement of an electric vehicle alliance last month is very likely aimed at forming partnerships with companies that have an interest in entering the EV business, and none so much as Apple, according to people close to...

Media -- Evertiq - Total North American EMS shipments in March 2021 were down 3.6% compared to the same month last year. Compared to the preceding month, March shipments rose 10.9% says the IPC.

Aspencore -- EPS News - IPC announced today the March 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.43.

Total North American EMS shipments in March 2021 were down 3.6 percent...

Media -- Evertiq - Nordic EMS provider Kitron is reporting a first quarter with strong growth, backed by two major trends, in both the electrification and industry sectors.

Media -- DIGITIMES - Apple's newly launched 11- and 12.9-inch iPad Pros are manufactured solely by Foxconn Technology Group (Hon Hai Precision Industry), which is expected to boost the manufacturer's April revenues, according to industry sources.

SeekingAlpha.com --

Media -- DIGITIMES - Shortages of PC components should start easing in the second quarter of 2022, according to Young-Way Liu, chairman for Foxconn Electronics (Hon Hai).

Media -- Evertiq - The worlds biggest EMS provider has reached a new deal with the state of Wisconsin, and a resolution is near between the Wisconsin Economic Development Corporation (WEDC) and Foxconn regarding the company's project in Mount Pleasant.