James Doyle Named CEO of Aerospace & Defense Division at NEOTech

CHATSWORTH, CA  – NEOTech, a leading provider of electronic manufacturing services (EMS), design engineering, and supply chain solutions in the high-tech industrial, medical device, and aerospace/defense markets, is thrilled to welcome James Doyle to the team as Chief Executive Officer of NEOTech’s Aerospace & Defense division, effective immediately. In his new role, Mr. Doyle will take the helm […]

S&P Global Mexico Manufacturing PMI®: October sees revival in demand for Mexican goods

Mexican manufacturers faced a considerably better operating environment at the start of the fourth quarter. Output and new orders returned to growth territory, spurring job creation. While new export business continued its descent, total sales expanded at the strongest rate in over four-and-a-half years. Price measures signalled mixed trends for October, as input cost inflation […]

Aircraft Supply Chain Issues to Persist Until 2025

Aircraft manufacturers worldwide are striving to stabilize production runs but supply chain issues are expected to persist until at least 2025, says Andy Cronin, CEO, Avolon, which is the world’s third-largest aircraft leasing company. “We continue to see increased levels of stabilization coming to the production runs,” Cronin tells Reuters. He stresses that despite aggressive […]

Worldwide Semiconductor Market Outlook Upgraded to GROWTH from TROUGH: Semiconductor Market to Grow 20.2% in 2024 to $633 Billion, According to IDC

SAN MATEO, Calif.– International Data Corporation (IDC) has upgraded its Semiconductor Market Outlook by calling a bottom and return to growth that accelerates next year. IDC raised its September 2023 revenue outlook from $518.8 billion to $526.5 billion in a new forecast. Revenue expectations for 2024 were also raised from $625.9 billion to $632.8 billion as […]