US to take 10% equity stake in Intel, in Trump’s latest corporate move, Reuters reports
Trump’s intervention in corporate America raises concerns Intel’s $10 billion stake linked to CHIPS Act grants Federal backing aims to revive Intel’s foundry business WASHINGTON (Reuters) – President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity […]
Up Close with Carl Hung, President & CEO, Season Group
EMSNOW and Season Group’s President and CEO Carl Hung discuss the 50-year history of Carl’s family business and the industry as a whole. Carl marvels at the incredible resilience of EMS companies that have survived the challenges of the past 20 years, and shares insights into how Season Group has managed. The conversation covers the […]
Sobering Results for Europe’s EMS Industry in 2024/25: in4ma releases latest half-year report
The latest half-year survey from the Global Electronics Association and in4ma drew responses from 219 EMS facilities across 177 companies, covering around 21.9% of Europe’s EMS market. The findings confirm how the semiconductor supply crunch of 2021–2022 has left lasting scars. 2024 Performance Europe’s EMS revenues fell 10.6% year-on-year. The second half of 2024 declined […]
Russian Missile Strike on Ukraine Hits Flex Facility
FLEX STATEMENT: “On the morning of August 21, 2025, our facility in Mukachevo, Ukraine, was damaged during a missile strike. Our emergency protocols were executed to ensure the full evacuation of the site. A few employees and contractors were injured during the strike and remain in the hospital. Flex is providing full support to them and […]
IDC: India’s PC Market Grows 5.7% YoY in 1H25, Shipping 6.8 Million Units
INDIA – India’s traditional PC market (desktops, notebooks, and workstations) grew 3.0% year-over-year (YoY) in 2Q25 with 3.5 million units shipments, according to data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. This marks the eighth consecutive quarter of growth. PC Market Sees YoY Growth Across All Categories in 2Q25 All three PC categories posted […]