Sanmina Reports Second Quarter Financial Results
SAN JOSE, Calif. — Sanmina Corporation, a leading integrated manufacturing solutions company, reported financial results for the second quarter fiscal 2019 ended March 30, 2019. “We exceeded our expectations for the quarter. Revenue was stronger than anticipated driven by our teams’ excellent job in securing supply to catch up to demand. Our ability to control […]
Kitron: Q1 2019 – Very strong growth and earnings improvement
Kitron reported very strong growth as well as earnings improvement in the first quarter. Revenue, order backlog and operating profit all reached record levels. Kitron’s revenue for the first quarter was NOK 813 million, an increase of 25 per cent compared to last year. Organic growth, excluding the acquisition of the EMS division of API […]
TTI Releases Weekly MarketEye Report
Originally published on TTI’s MarketEye Blog 1Q’19 World Electronic Equipment – Growth by Sector Here is our very preliminary first estimate of 1Q 2019 global growth of electronic equipment sales by sector. Total electronic equipment growth slowed to near zero (Chart 1). Annualized growth was +4.5% but only +0.2% in the first quarter of 2019 […]
IPC Releases IPC-2591, Connected Factory Exchange (CFX) Industry
IPC announced the release of IPC-2591, Connected Factory Exchange (CFX).The electronics industry now has an industry standard available to all companies in the industry, regardless of size or location which can be used to quickly and easily implement “Industry 4.0” and “smart factory” applications to their manufacturing operations. IPC CFX offers tremendous value to electronics manufacturers […]
Businesses Will Spend Nearly $1.2 Trillion on Digital Transformation This Year as They Seek an Edge in the Digital Economy, According to IDC
FRAMINGHAM, Mass.– Enterprises around the world are making significant investments in the technologies and services that enable the digital transformation (DX) of their business models, products and services, and organizations. In the latest update to its Worldwide Semiannual Digital Transformation Spending Guide, International Data Corporation (IDC) forecasts global DX spending to reach $1.18 trillion in […]