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BUSINESS NEWS
Zhending, a leading PCB manufacturer, said that the postponement of Trump's tariffs has driven the effect of urgent orders in the second quarter, and the overall revenue performance is expected to be better than the off-season level of the same period in previous years.
Amphenol reported record sales in the first quarter, an increase of 48% from a year ago, driven by growth in data communication, mobile devices, defense and the company's acquisitions, and forecast second quarter results above Wall Street estimates, betting on growing demand in data communications and defense markets.
Plexus announced fiscal second quarter revenue was $980 million for the period ended Mar. 29, up 1.4% year-over-year.
Kitron reported first-quarter revenue fell 5% year-over-year to EUR 164.6 million ($187.4 million).
Element Solutions reported first quarter net sales at its electronics segment increased 13% to $394 million.
Note reported organic sales fell 5% to SEK 1.0 billion ($104.2 million) as strength in its defense end-market was offset by an industrial slowdown.
Scanfil reported first quarter revenue of 192.6 million euros ($219.3 million), down 3.2% from a year ago
ASC Sunstone Circuits and Screaming Circuits launched a new online assembly parts ordering feature available through sunstone.com.
Koh Young installed its 24,000th inspection system at Fabrinet Chonburi in Thailand.
Apple has been making moves to try reducing its dependence on China, but Chinese authorities aren’t making that very easy.
As the US ramps up tariffs on Chinese imports, electronics component makers are responding differently depending on their market segments.
Arian EMS has invested nearly £500,000 into new equipment, supporting its plans to reach £15 million in turnover by 2030.
Elektronik is expanding its use of Aegis Software’s FactoryLogix manufacturing execution system.
MicroKits, which produces educational electronic kits and musical devices for young learners, is suing the Trump administration over the US tariff increases.
Cybord unveils ShieldScan Visual-AI PCBA inspection tool.
Lite-On has signed a memorandum of understanding with Elephantech, a Japanese startup, to jointly promote commercial development of low-carbon flexible printed circuit board (FPCB) technology.
LG Electronics said on Thursday it is considering price increases for some products in response to US tariffs and is also reviewing its options for shifting production of home appliances to the US.
US Senator Mark Kelly told a group at Benchmark Electronics that the Trump administration’s fitful tariff plans are leaving companies stuck trying to plan their work futures and American consumers facing higher costs.
Quantic Wenzel has relocated its electronics manufacturing business to a new 45,000-sq. ft. facility in North Austin, TX.
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