Flex Further Boosts U.S. Manufacturing Capacity to Meet Growing Demand for Data Center Critical Power Solutions
News summary Increased domestic production capacity enables U.S. data center operators to better meet rising power infrastructure demands The expansion enhances production of Flex-owned critical power products such as Databar, Power Distribution Units (PDUs) and Remote Power Panels (RPPs) To support strong customer demand, Flex has boosted its U.S. presence to over 13 million square feet […]
Benchmark Reports First Quarter 2025 Results
Benchmark Electronics, Inc. (NYSE: BHE) announced financial results for the first quarter ended March 31, 2025. First quarter 2025 results: Revenue of $632 million GAAP Operating Income of $12 million Non-GAAP Operating Income of $29 million GAAP earnings per share $0.10 Non-GAAP earnings per share $0.52 “I am pleased by Benchmark’s ability to continue to […]
GPV Interim financial report Q1 2025
Balanced Q1 and continued focus on adapting to new market conditions Danish-based GPV, the second-largest European-headquartered EMS company, has had a satisfactory and balanced start to 2025. In the first quarter, the Group reported sales of DKK 2.2 billion and earnings (EBITDA) of DKK 143 million. Unpredictability seems to have become a market condition, and […]
UK Digital Twin Centre opens in Belfast to drive nationwide industrial innovation
(Belfast, United Kingdom): The UK Digital Twin Centre has officially opened in Belfast, marking a major milestone in the UK’s digital innovation landscape. Delivered by Digital Catapult and funded by the Belfast Region City Deal and Innovate UK, the project is set to drive the next wave of industrial transformation by accelerating the adoption of digital twin technology […]
IPC Strengthens Global Leadership Team with Addition of Joe Schneider as Vice President of U.S/Canada
IPC announces the strategic appointment of Joe Schneider as vice president of U.S./Canada. This newly created executive position underscores the association’s commitment to championing the electronics industry’s critical contributions to this region’s innovation and economic growth. In this role, Schneider is responsible for ensuring that the needs of this vital region’s electronics industry are clearly […]