Electronics Industry Leaders Call on Congress to Support $100M in PCB Sector Funding
Funds would help ensure success of the CHIPS Act and Biden’s “Presidential Determination” on PCBs BANNOCKBURN, Ill., USA — Senior executives of 26 electronics manufacturing companies from across the United States are calling on the U.S. Congress to support robust funding for reinvigorating the printed circuit board (PCB) manufacturing sector. In a pair of letters sent […]
EV Battery Prices Plummet in May, Poised for Demand Surge in June, Says TrendForce
TrendForce reports that May proved to be a turning point in the lithium salt market, highlighting a notable surge in prices. The price of battery-grade lithium carbonate and lithium hydroxide in China skyrocketed from less than CNY 200,000/ton (~USD 28,000) to over CNY 300,000/ton (~USD 43,000). Notably, the ASP of battery-grade lithium carbonate surged by […]
Hon Hai Reports Unaudited Financial Results
Foxconn reported unaudited consolidated revenue of NT$450.7 billion for May 2023, up 5.01% MoM but down 9.45% YoY. The revenue performance was in line with expectation. Cumulative revenue in the first five months of 2023 was NT$ 2,342.6 billion, down 2.08% YoY. It was the second highest for the same period (first five months of […]
Widespread Adoption of Cloud Computing and Modern Development Technologies Will Have a Dramatic Impact on the Composition of IT Teams, According to IDC
NEEDHAM, Mass. – The roles and activities performed by IT professionals have evolved dramatically over the past ten years due to the convergence of modern development technologies, cloud platforms, and as-a-service offerings that can significantly improve overall productivity. Today, many of these professionals find themselves in hybrid roles that combine traditional development activities with activities that […]
PRUFREX acquires 100% share in mikrolab GmbH in a move to expand its areas of business
PRUFREX International Export GmbH is pleased to announce the successful acquisition of 100% of the shares of mikrolab GmbH, a well-known development and production service provider for electronics systems which is based in Fürth, Germany. With this strategic acquisition, PRUFREX is expanding its areas of business and consolidating its position as a leading provider of […]