Plexus Announces Fiscal First Quarter Financial Results
NEENAH, WI (GLOBE NEWSWIRE) — Plexus Corp. (NASDAQ: PLXS) announced financial results for our fiscal first quarter ended December 30, 2023, and guidance for our fiscal second quarter ending March 30, 2024. Reports fiscal first quarter 2024 revenue of $983 million, GAAP operating margin of 4.6% and GAAP diluted EPS of $1.04, including $0.19 of […]
India’s electronics exports surpass $20 billion, iPhone dominates surge
India witnessed a 22.24 per cent surge in electronics exports, surpassing the $20 billion milestone within the nine months of the financial year 2023-24 (FY24). This was spearheaded by surging smartphone shipments, especially Apple’s iPhone, according to a report by The Economic Times (ET). SOURCE: Business Times Mobile phone exports, accounting for 52 per cent of […]
Sector Expert Shares Key to Capitalising on UK Manufacturing Resurgence
Following reports that the UK is seen as an increasingly competitive location for manufacturing, sector specialist Aggreko is offering insight as to how businesses can circumvent supply chain issues when approaching new market opportunities. Make UK and PricewaterhouseCoopers’ (PwC) Executive Survey 2024[1] recently revealed that over half (52.7%) of 200 senior manufacturing executives now see the UK as […]
Cicor successfully closes the acquisition of STS Defence Limited and expands its presence in the UK high-end electronics market
Bronschhofen – The Cicor Group (SIX Swiss Exchange: CICN) has successfully closed the acquisition of 100% of the shares of the UK based STS Defence Limited (STS Defence) announced in October 2023. Cicor is one of Europe’s fastest growing manufacturers of high-reliability electronics for medical, industrial and aerospace & defence applications. With STS Defence, Cicor […]
Industry 5.0 Isn’t a Thing
Francisco Almada Lobo, CEO, Critical Manufacturing suggests the industry focuses on implementing industry 4.0 rather than getting too far ahead of itself.