China’s Smartphone Market Fell 13.2% to a Decade Low in 2022, IDC Reports
SINGAPORE – According to the IDC Worldwide Quarterly Mobile Phone Tracker, 285.8 million smartphones shipped in China in 2022, down 13.2% year-on-year (YoY) to below the 300 million mark for the first time in ten years. In 4Q22, the market declined 12.6% YoY to 72.9 million units. Both full-year 2022 and 4Q22 shipments were near their decade-ago […]
Joel Scutchfield, Koh Young America, On Location with EMSNOW & SCOOP at APEX 2023
One of the themes of APEX 2023 was the next evolution of the Smart Factory through use of AI tools. In this interview, Eric Miscoll asks Joel Scutchfield to explain the AI tools Koh Young continues to roll out to enhance their industry leading inspection systems. They go on to discuss Joel’s expectations for 2023, […]
NOTE Publishes Year-end Report 2022
Financial performance in Q4 (October-December) • Sales increased by 28% to SEK 1,038 (814) million. Adjusted for acquisitions and currency effects, organic growth was 8%. Re-invoicing of extraordinary cost increases on electronic components had no significant impact on growth as the corresponding re-invoicing also occurred during the fourth quarter of the previous year. • Operating […]
Scanfil invests in the Sieradz factory manufacturing capacity
Scanfil has decided to invest in new manufacturing technology in Sieradz, Poland. The investment includes a new electronics production line and warehousing automation. The total investment is about EUR 6 million. In addition, Scanfil will initiate a plan to expand the existing factory with the additional manufacturing building of approximately 8,000 m2. The pre-planning of […]
Sanmina Announces Q1 Financial Results
SAN JOSE, Calif. — Sanmina Corporation, a leading integrated manufacturing solutions company, today reported financial results for the fiscal first quarter ended December 31, 2022 and outlook for its fiscal second quarter ending April 1, 2023. First Quarter Fiscal 2023 Financial Highlights Revenue: $2.36 billion GAAP operating margin: 5.2% GAAP diluted EPS: $1.48 Non-GAAP(1) operating margin: […]