Hon Hai Reports Unaudited Monthly Revenue
SOURCE: Hon Hai Investor Relations The Company reports revenue in November was down -29.04% MoM and -11.36% YoY. “Due to production gradually entering off-peak seasonality and a portion of shipments being impacted by the epidemic in Zhengzhou, revenue in November declined MoM. However, the MoM decline was roughly in line with the company’s expectations,” they […]
SEMI Commends European Council’s Progress on Chips Act
BRUSSELS, Belgium — SEMI, the industry association serving the global electronics design and manufacturing supply chain, today applauded progress by the European Council on the European Chips Act, expressing strong support for the swift start of negotiations with the European Parliament in 2023. With the European Council’s adoption today of its negotiating mandate, also known as its general approach, member states and the […]
Hexagon introduces Elements to help engineers design increasingly complex products with system-level modelling
Hexagon’s Manufacturing Intelligence division has introduced Elements, new simulation software that helps engineering teams understand the behaviour of systems that are becoming increasingly complex in modern products. Using the software, teams can evaluate the performance and feasibility of new design concepts quickly to inform more efficient product development and reduce risk and cost. Elements addresses […]
Global Smartphone Shipments Continue to be Impacted by Slowed Demand and Setbacks in China, According to IDC Tracker
NEEDHAM, Mass.– An updated forecast for the worldwide smartphone market from International Data Corporation (IDC) is showing a more prolonged recovery than previously expected. According to the latest Worldwide Quarterly Mobile Phone Tracker forecast, shipments of smartphones will decline 9.1% in 2022, a reduction of 2.6 percentage points from the previous forecast. As a result, IDC expects […]
Boards in the USA – The EMS (Eric Miscoll Show) Explores Rebuilding PCB Fabrications in the US
Things really have changed for the US PCB industry in the last few decades. Production has dropped from around a quarter of the world’s production to just a few percent. In this edition of The EMS (Eric Miscoll Show), Philip and Eric explore the potential to see a return to those halcyon days with guests […]