Foxconn Industrial Internet Adds Two WEF New Lighthouse Factories
The World Economic Forum (WEF) has recognized two more Foxconn Industrial Internet (Fii) facilities as Lighthouse factories. Fii’s Bac Giang facility becomes Vietnam’s first Lighthouse factory, while the Shenzhen Guanlan factory is certified as Fii’s first Sustainable Lighthouse. These additions bring Fii’s total enabled Lighthouse factories to eight*, underscoring its leadership in smart and sustainable […]
North American robotics sales declined in first half of 2024
Even a category as hot as robotics is not immune from macroeconomic trends. According to figures from automation advocacy group, A3, the North American robotics market declined in the first half of 2024, both in terms of sales and revenue. SOURCE: TechCrunch The number of industrial robotics ordered in H1 declined 7.5% year-over-year to 15,705. […]
Buyers Focus on Inventory Reduction; Slowing Demand Growth Constrains Q4 Memory Price Increases, Says TrendForce
TrendForce’s latest findings reveal that weaker consumer demand has persisted through 3Q24, leaving AI servers as the primary driver of memory demand. This dynamic, combined with HBM production displacing conventional DRAM capacity, has led suppliers to maintain a firm stance on contract price hikes. Smartphone brands continue to remain cautious despite some server OEMs continuing […]
Axiom Manufacturing Services set for double digit growth in 2024
One of the UK’s leading advanced electronics manufacturers, Axiom Manufacturing Services, has revealed it is set for double digit growth in 2024, as a year of strategic investment and client acquisitions delivers a record order book. The announcement follows a period investment and customer wins for the South Wales-based contract electronics manufacturer (CEM), which specialises […]
Celebrating “You” on Manufacturing Day 2024
October 4th marks a significant occasion on calendars across the globe— Manufacturing Day. This annual event is a tribute to the tireless efforts of those who are the bedrock of the manufacturing industry. At Benchmark, this day offers us a unique opportunity to shine a light on the often-unsung heroes of our industries’ collective success–our manufacturing employees.