Woodstock Wire: EMS News

June 07, 2021

Understanding EMC markets

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...

June 07, 2021 03:58 PM

Exploring global CEM activity

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...

June 07, 2021 03:58 PM

June 06, 2021

Foxconn to form electric vehicle JV with Thailand's PTT in 2H21

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...

June 06, 2021 03:51 AM

June 02, 2021

Note acquires British company iPRO

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.

June 02, 2021 03:54 PM

May 31, 2021

KATEK shows strong growth in the first quarter

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...

May 31, 2021 08:01 PM

VDL Groep makes public offer for Neways

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.

May 31, 2021 07:57 PM

May 30, 2021

Foxconn in Talks to Buy Stake in Malaysia's DNeX -Report

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

May 30, 2021 04:26 AM

North American EMS Shipments up 10.5%

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...

May 30, 2021 04:21 AM

Foxconn reportedly eyeing stake in DNeX

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.

May 30, 2021 01:23 AM

May 27, 2021

Jabil connects with Cogiscan's Co-NECT technology

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.

May 27, 2021 08:15 PM

Foxconn to soon reopen COVID-hit plants in Vietnam

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.

May 27, 2021 08:08 PM

May 23, 2021

Sanmina reports solid quarter despite supply chain challenges

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.

May 23, 2021 02:49 AM

German EMS provider takes over Dutch Semecs

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...

May 23, 2021 02:47 AM

May 17, 2021

Benchmark Reports First Quarter 2021 Results

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 $...

May 17, 2021 12:30 AM

May 07, 2021

Key Tronic Corporation Announces Preliminary Results for the Third Quarter of Fiscal Year 2021

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.

May 07, 2021 05:54 PM

May 03, 2021

Foxconn's EV Effort Likely Aimed at Enticing Apple

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...

May 03, 2021 03:20 AM

May 02, 2021

North American EMS industry down 3.6% in March

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.

May 02, 2021 05:12 AM

North American EMS Industry Down 3.6 Percent in March

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...

May 02, 2021 01:50 AM

May 01, 2021

Electrification and industry sectors drive growth for Kitron

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.

May 01, 2021 08:24 PM

Foxconn to see new iPad Pros boost April revenuese

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.

May 01, 2021 08:09 PM

April 30, 2021

April 26, 2021

PC component shortage to start easing in 2Q22, says Foxconn chairman

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).

April 26, 2021 02:10 AM

April 25, 2021

Foxconn and Wisconsin reach new agreement

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.

April 25, 2021 09:07 PM

IPC: Manufacturing Will Drive Europe's Recovery

Aspencore -- EPS News - A new IPC study, Digital Directions, Greener Connections, finds the electronics manufacturing industry has largely withstood the negative effects of the COVID pandemic and is poised to help drive Europe's economic recovery and resilience, especially...

April 25, 2021 03:37 AM

April 19, 2021

Top ten EMS contract manufacturers boost revenues in 2020

Media -- eeNews Europe - The top 50 electronic manufacturing services (EMS) companies saw sales of $384bn in 2020, driven by the top ten suppliers

Reports cite Manufacturing Market Insider (MMI) data that EMS revenues increased $17bn or 4.6 percent from...

April 19, 2021 01:22 AM

April 15, 2021

Omega EMS Selects Aegis' FactoryLogix IIoT-Based Manufacturing Operations Platform

Business Wire -- Aegis Software, a global provider of Manufacturing Operations Management Software (MOM), announces that Omega EMS, a leading Electronics Manufacturing Services (EMS) provider for complex manufacturing projects, has selected Aegis' FactoryLogix(r)...

April 15, 2021 05:23 AM

MMI: Top 50 EMS sales reached $384 billion in 2020

Media -- Evertiq - Manufacturing Market Insider says that In 2020, sales from the Top 50 EMS companies accounted for USD 384 billion in revenue - an increase of USD 17 billion from 2019.

April 15, 2021 04:38 AM

April 13, 2021

Absolute EMS, Inc. Completes 2021 Recertification Audit

Media -- eBOM - Absolute EMS, Inc., a leading provider of turnkey and consignment manufacturing services, is pleased to announce that it has completed its 2021 recertification audit for the AS9100 Rev D SAE International Aerospace Standard. Absolute EMS manages,...

April 13, 2021 03:18 AM

April 11, 2021

H.I.G. Capital Completes Acquisition of SMTC Corporation

Business Wire -- An affiliate of H.I.G. Capital has completed the acquisition of SMTC Corporation, a global Electronics Manufacturing Services ("EMS") provider.

April 11, 2021 12:32 AM

Foxconn founder invests in biotech firm

Media -- DIGITIMES - Foxconn Electronics (Hon Hai) founder Terry Gou will invest in EirGenix, a Taiwan-based contract development and manufacturing operator (CDMO) for biotechnological pharmaceuticals, to become its biggest shareholder.

April 11, 2021 12:23 AM

April 07, 2021

Foxconn posts 45% revenue surge in 1Q21

Media -- DIGITIMES - Foxconn Electronics (Hon Hai) has reported consolidated revenues climbed 44.5% on year to NT$1.34 trillion (US$47 billion) in the first quarter of 2021, which came within the company's guidance range.

April 07, 2021 07:44 PM

SMTC is now a private company

Media -- Evertiq - It was back in January 2021 that EMS provider SMTC Corporation announced that it had entered into a definitive merger agreement with an affiliate of H.I.G. Capital, a global alternative investment firm, which would transform the SMTC into a...

April 07, 2021 06:09 PM

Absolute EMS, Inc. Recertifies Its Quality Management System

Media -- eBOM - Absolute EMS, Inc., a leading provider of turnkey and consignment manufacturing services, is pleased to announce that it has successfully completed its ISO 13485:2016 recertification audit. The company provides traceability, state-of-the-art quality,...

April 07, 2021 05:58 PM

April 05, 2021

SMTC Corporation Announces Completion of Investment by H.I.G. Capital

Electronics -- SMTC - Creating a Stronger EMS Platform to Support Customers Creating a Stronger EMS Platform to Support Customers

April 05, 2021 06:05 PM

April 03, 2021

Electronics Adds to U.S. Manufacturing Surge

Aspencore -- EPS News - The electronics sector helped drive U.S. manufacturing activity to a 37-year high in March as pent-up demand emptied customers' shelves and firmed up expectations for a widespread economic recovery. There are no signs demand will abate, according...

April 03, 2021 03:40 AM

Global Chip Shortage: Foxconn Says It May Not Be Able to Fulfil All Orders

Media -- ElectronicsB2B - Foxconn does not expect to miss more than 10 per cent of its orders. But it is gradually witnessing the effects of the shortage Amid the global chip shortage crisis that has put hardware manufacturers all over the world on a setback....

April 03, 2021 01:14 AM

April 01, 2021

Stockholders Approve SMTC Corporation's Definitive Merger Agreement and Investment by H.I.G. Capital

Electronics -- SMTC Corporation (Nasdaq:SMTX) ("SMTC" or the "Company"), a global electronics manufacturing services provider and past winner of Frost & Sullivan's Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry,...

April 01, 2021 03:19 AM

March 31, 2021

Foxtron team up with Nidec to boost EV powertrain development

Media -- Evertiq - Foxtron, Foxconn's electric car company, has signed a memorandum of cooperation (MoU) with Nidec Corporation, under which the parties now join together as strategic cooperating partners looking to increase the momentum in the powertrain development...

March 31, 2021 08:48 PM

Plexus expands with new manufacturing facility in Thailand

Media -- Evertiq - A new 400'000 square feet facility, which is expected to be completed in the company's fiscal third quarter of 2022, will provide Plexus with two levels of production and warehouse space, as well as four levels of office space.

March 31, 2021 08:30 PM

March 30, 2021

Jabil raises its outlook for 2021 following 'outstanding' 2Q

Media -- Evertiq - "Our second quarter performance was outstanding," says CEO Mark Mondello. "The combination of broad end-market strength, more favorable product mix, and excellent operational execution by the team allowed us to deliver USD 285 million in core...

March 30, 2021 10:45 PM

March 29, 2021

North American EMS industry up 6.4% in February

Media -- Evertiq - Total North American EMS shipments in February 2021 were up 6.4% compared to the same month last year. Compared to the preceding month, February shipments fell 1.7%, says the IPC.

March 29, 2021 06:40 PM

Foxconn Shares Rise Over 3% After News of Talks With Vinfast About EV Partnership

U.S. News -- Shares of Taiwan's Foxconn rose as much as 3.6% on Monday after Vietnam conglomerate Vingroup said its car unit was in early...

March 29, 2021 06:14 PM

March 28, 2021

Jabil ups outlook for fiscal 2021, sees digitization of healthcare, electric vehicles as growth engines

Enterprise -- ZDNet News - Jabil is best known for making equipment and products for companies like Apple, Dell, HP and Cisco, but future growth will come from connected healthcare devices and electric vehicles.

March 28, 2021 09:46 PM

Foxconn says it might build EVs at empty Wisconsin site, or in Mexico

Tech -- The Verge - The chairman of Taiwanese manufacturer Foxconn says the electronics giant is considering making electric vehicles at its mostly empty worksite in Wisconsin, where the company originally planned to make LCD...

March 28, 2021 07:10 PM

March 27, 2021

Taiwan February manufacturing production index up on year

Media -- DIGITIMES - Taiwan recorded manufacturing production index (2016 as base year) of 108.76 for February 2021, decreasing 14.98% sequentially and but increasing 3.79% on year, according to Ministry of Economic Affairs (MOEA).

March 27, 2021 07:16 PM

March 24, 2021

MANUFACTURING OUTLOOK IMPROVES IN MARCH - CBI MONTHLY INDUSTRIAL TRENDS SURVEY

Media -- eBOM - Manufacturing output volumes in the three months to March improved to broadly flat, which marked their highest balance since May 2019. That's according to the CBI's latest monthly Industrial Trends Survey.



The survey of 321 manufacturers found...

March 24, 2021 12:22 AM

Absolute EMS invests in new large format wave solder system

Media -- Evertiq - US electronics manufacturer, Absolute EMS, has invested in a new large format JAGUAR N450 high-end lead and lead-free wave soldering system.

March 24, 2021 12:21 AM

March 21, 2021

SMTC Corporation Announces Fourth Quarter and Full Year 2020 Financial Results

Electronics -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of Frost & Sullivan's 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced its fourth...

March 21, 2021 04:58 AM

Reasons to outsource manufacturing

Media -- Evertiq - When it comes to orchestrating all of the complexities associated with the manufacturing of a product, should innovators and businesses build a product themselves or outsource production? Lets look at the benefits in choosing an EMS to handle...

March 21, 2021 04:24 AM