Woodstock Wire: EMS News

September 17, 2021

Foxconn Electronics eyes EV niche market in Thailand

Media -- DIGITIMES - Foxconn Electronics and Petroleum Authority of Thailand (PTT), an energy company owned and operated by the Thai government, will establish a joint venture for developing and producing electric vehicles (EVs) in Thailand, with Southeast Asia...

September 17, 2021 07:53 PM

September 16, 2021

Foxconn, PTT to set up EV joint venture in Thailand

Media -- DIGITIMES - Foxconn Electronics (Hon Hai) and Petroleum Authority Thailand (PTT), an energy company operated by the Thai government, will establish a joint venture for developing and producing electric vehicles (EVs) in Thailand, with Southeast Asia to...

September 16, 2021 06:39 PM

September 11, 2021

September 09, 2021

Global smartphone production declines by 11% QoQ to 307M units for 2Q21

Media -- Evertiq - The recent surges of COVID-19 cases in India, Vietnam, and other Southeast Asian countries have adversely affected the global smartphone market in terms of production and demand, according to TrendForce.

September 09, 2021 09:19 PM

Hanza invests in Finland

Media -- Evertiq - EMS-provider Hanza continues to see high demand for its services and has decided to invest approximately SEK 30 million (EUR 3 million) in Finland.

September 09, 2021 09:15 PM

September 08, 2021

Kristoffer Asklov is Kitron's new COO

Media -- Evertiq - Mr. Asklov has more than 20 years of experience from electronics production, with companies such as Partnertech and Toyota. Most recently he was Vice President, Business Development & Central European sales at the Finnish EMS company Scanfil.

September 08, 2021 09:49 PM

September 07, 2021

Foxconn posts decreased August revenue

Media -- DIGITIMES - Foxconn (Hon Hai) Technology Group has reported revenues of NT$400.05 billion (US$14.5 billion) for August 2021, down 4.3% sequentially and 4.9% on year.

September 07, 2021 10:20 PM

Southeast Asia roundup: Electronics manufacturing in Vietnam thrives; IC manufacturing in Malaysia disrupted

Media -- DIGITIMES - Vietnam saw a large increase in its exports of mobile devices and related components in July and higher foreign investment from South Korea-based electronics vendors, while Oppo made its way to the top in Thailand in second-quarter 2021. Malaysia's...

September 07, 2021 12:05 AM

Electronic control module acts as brain of EVs, says Andy Lee Foxtron president

Media -- DIGITIMES - Electric power, batteries, and the electronic control module are the three frameworks of electric vehicles (EVs). Having an efficient integration of the three systems is crucial to EV development, according to Andy Lee, president for Foxtron...

September 07, 2021 12:05 AM

September 05, 2021

Kimball expands Mexican production

Media -- Evertiq - To support long-term customers as well as providing capacity for new customers, Kimball Electronics has decided to expand their Mexican operations.

September 05, 2021 04:19 AM

Nidec to establish joint venture with Hon Hai and Foxtron

Media -- Robotics and Automation News - Nidec Corporation, the world's largest manufacturer of drives, has agreed to start discussions on establishing a joint venture with Hon Hai Technology Group and Foxtron Vehicle Technologies. The Hon Hai Technology Group...

September 05, 2021 04:12 AM

September 03, 2021

Tech Leads August U.S. Manufacturing Expansion

Aspencore -- EPS News - U.S. manufacturing powered through supply chain constraints in August to maintain a 15-month streak of expansion. New order and production levels underlined sustained demand while factories continued to struggle to find components, materials...

September 03, 2021 07:52 PM

September 01, 2021

North American EMS Industry Down 2.9 Percent in July

Aspencore -- EPS News - IPC announced the July 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.42.

Total North American EMS shipments in July 2021 were down 2.9 percent compared...

September 01, 2021 05:28 PM

August 30, 2021

Kinpo Electronics to add three factories in Thailand

Media -- DIGITIMES - EMS provider Kinpo Electronics will add three factories in Thailand by the end of 2021, according to company chairman Rock Hsu at the 2021 shareholder general meeting.

August 30, 2021 01:21 AM

August 29, 2021

PFAS Updates, EU and Saudi Arabia RoHS: A Busy Summer for Environmental Compliance

Distribution -- TTI MarketEye - Electronics manufacturers will be impacted by a host of new and proposed environmental compliance and regulatory changes in the months ahead, including new PFAS restrictions, "RoHS 3" in the European Union, a new RoHS law in Saudi Arabia...

August 29, 2021 08:13 PM

August 23, 2021

CalcuQuote moves to better connect PCB manufacturing with PCB assembly

Media -- Evertiq - CalcuQuote was started with the mission of creating a fast, accurate and efficient quoting process for the Electronics Manufacturing Services (EMS) industry. The primary problem to solve for a long time was sourcing components on the Bill of...

August 23, 2021 02:16 AM

August 17, 2021

IT supply chain outlook (2): The roles and plans of EMS firms in Asia

Media -- DIGITIMES - In addition to the rise of Chinese manufacturers in recent years, there are some EMS firms from countries in ASEAN. The amount of international news coverage on their business practices is relatively limited. To give our readers a general...

August 17, 2021 05:14 PM

Taiwan ODMs step up deployments in automotive electronics

Media -- DIGITIMES - ODMs including Quanta Computer, Compal Electronics, Inventec and Wistron have stepped up their deployments in the automotive electronics field, as well as healthcare and other sectors, looking to shift more focus away from the PC market.

August 17, 2021 05:13 PM

August 16, 2021

Europe's Manufacturing Renaissance

Aspencore -- EPS News - Editor's note: Europe was hit hard by the Covid-19 pandemic. As of July, the IPC trade association said Europe would return to pre-pandemic levels by the end of 2021. "Our expectations for growth in Europe have increased over the last month,"...

August 16, 2021 06:59 PM

Spirit Electronics expands - becomes an EMS provider

Media -- Evertiq - Spirit Electronics, a company which is mostly know as a microelectronics distributor, announces that it has added a contract manufacturing line at its facility in Phoenix, Arizona.

August 16, 2021 02:29 AM

Foxconn buys chip factory off Macronix in bid to break into the electric vehicle market

Enterprise -- The Register - Electronics giant must conquer its supply chain as US eyes domestic production

Taiwanese electronics giant Foxconn has purchased a chip plant for $90.8m from its compatriot, Macronix International....

August 16, 2021 01:36 AM

August 14, 2021

Apple Supplier Foxconn's Q2 Profit Beats Estimates

U.S. News -- Taiwan's Foxconn reported a better-than expected quarterly profit on Thursday due to strong demand for technology products from...

August 14, 2021 08:32 PM

August 03, 2021

Enics appoints new Chief Procurement Officer

Media -- Evertiq - EMS provider Enics announces that it is strengthening its procurement capabilities during the current challenging component shortage. To enable, and drive, favorable long-term development Denis Laxague has been appointed Chief Procurement Officer...

August 03, 2021 03:57 PM

August 02, 2021

Celestica invests in new US facility

Media -- Evertiq - EMS provider Celestica announces the grand opening of its AbelConn Electronics facility in Maple Grove, Minnesota., USA. AbelConn Electronics,provides rapid prototyping, volume manufacturing, and engineering support for the defense and aerospace...

August 02, 2021 04:03 PM

ASC 100: Hana Microelectronics branches out to 5G, SiC industries

Media -- DIGITIMES - For years, the business of Hana Microelectronics, the leading EMS provider in the Southeast Asia region, took off as orders divert from, to, or within China. Its business in China is expected to further benefit from China's new self-reliance...

August 02, 2021 04:00 PM

August 01, 2021

Benchmark Reports Second Quarter 2021 Results

PR Newswire -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the second quarter ended June 30, 2021. Three Months Ended Jun 30, Mar 31, Jun 30, In millions, except EPS 2021 2021 2020 Sales $ 545 $ 506 $ 491 Net income(2) $ 7 $ 8...

August 01, 2021 02:03 AM

July 28, 2021

Electronics Manufacturing: System-assembly Simulation

Media -- eBOM -How does Industry 4.0, smart manufacturing and manufacturing simulation software benefit electronics manufacturing businesses

With the help of Industry 4.0 and simulation tools, electronics manufacturing companies are mastering a high degree...

July 28, 2021 03:05 AM

Spirit Electronics Expands Value-Added Services with In-House Contract Manufacturing

Business Wire -- Spirit Electronics, a value-added microelectronics distributor, has added a contract manufacturing line at its facility in Phoenix, Arizona.

July 28, 2021 03:03 AM

July 26, 2021

North American EMS industry up 1.9% in June

Media -- Evertiq - Total North American EMS shipments in June 2021 were up 14.3% compared to the same month last year. Compared to the preceding month, June shipments grew 31.3%.

July 26, 2021 06:48 PM

July 25, 2021

IPC: North American EMS Industry up 1.9% in June

Aspencore -- EPS News - IPC announced today the June 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.48.

Total North American EMS shipments in June 2021 were up 14.3 percent compared...

July 25, 2021 10:13 PM

July 20, 2021

Foxconn, CTBC Financial to jointly set up EV industry fund

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...

July 20, 2021 03:17 AM

July 18, 2021

Swedens importance for Kitron

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.

July 18, 2021 02:21 AM

Foxconn invests in Li-metal battery maker SES

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.

July 18, 2021 02:21 AM

Prism Electronics' New Investment Further Boosts Capabilities

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...

July 18, 2021 02:06 AM

July 14, 2021

Cal Comp Electronics (Thailand) becomes largest EMS in Southeast Asia

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.

July 14, 2021 03:50 PM

July 13, 2021

Vietnam keen to help Foxconn plants resume full production in wake of COVID

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.

July 13, 2021 03:50 PM

Kitron reports solid second quarter and record high backlog

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.

July 13, 2021 03:48 PM

July 12, 2021

South African EMS provider expands capacity with ASM

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.

July 12, 2021 03:19 PM

Key Tronic Corporation Announces Completion of Audit Committee Investigation

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,...

July 12, 2021 12:48 AM

July 06, 2021

Foxconn Records $48 Billion Sales In Q2 Amid Rising Demand For Consumer Electronics

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...

July 06, 2021 03:41 PM

Pegatron and Foxconn to share new 5.4-inch iPhone orders

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.

July 06, 2021 03:39 PM

Foxconn posts flat revenue growth in 2Q21

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.

July 06, 2021 03:38 PM

July 04, 2021

EMS Grew 7.5% in 2020 as Industry Reaches $595 Billion

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,...

July 04, 2021 03:00 AM

July 03, 2021

Cicor's CFO to leave the company next year

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.

July 03, 2021 09:08 PM

June 29, 2021

North American EMS Industry up 1.9 Percent in May

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.

June 29, 2021 05:23 PM

MIH may stretch into autonomous driving

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,...

June 29, 2021 05:21 PM

Note wins manufacturing deal in China

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.

June 29, 2021 04:56 PM

South Korea's handset industry is leading indicator of supply chain shift

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...

June 29, 2021 04:56 PM

June 21, 2021

Foxconn and TSMC granted permission to buy COVID-19 vaccines for Taiwan: Report

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.

June 21, 2021 05:04 PM