GPV: "We have been excellent at adapting to the market situation" November 13, 2024 Danish EMS provider GPV reported sales of DKK 2.2 billion (EUR 294.92 million) and earnings (EBITDA) of DKK 186 million (EUR 24.93 million) for Q3 2024. This was a modest dip from the same quarter in the record year of 2023. Thus, GPV kept up in a worldwide market characterised by ongoing market rebalancing and declining end-customer demand.
5th COGD Obsolescence Day to focus on strategic risk management October 03, 2024 The Component Obsolescence Group Deutschland (COGD) is hosting the 5th Obsolescence Day at electronica 2024 in Munich on November 15. The event will address the growing challenge of obsolescence in key components, materials, and software, which continues to pose risks to industrial production and maintenance.
GPV: "we are pleased with our 2023 results" March 05, 2024 Danish EMS provider GPV grew its revenues to DKK 10.4 billion (EUR 1.39 billion) in 2023 and achieved an operating profit (EBITDA) of DKK 743 million (EUR 99.68 million).
GPV maintains strong growth despite increasing challenges May 05, 2022 Danish EMS provider GPV continues to deliver strong growth in 2022, reporting the best first quarter results ever.
Incap: “we can continue on our growth path in 2022” April 27, 2022 Incap is showing off an another quarter of growth, despite the challenging market conditions relating to the global semiconductor shortage.
Microcontrollers get lift from automotive after 2021 rebound April 01, 2022 Average selling prices for MCUs are expected to move moderately higher through 2026. Tight supplies caused ASPs to jump 10% in 2021—the biggest increase in 25 years, says IC Insisghts.
Rohm Semiconductor resumes operations in Tianjin January 25, 2022 Due to the effects of COVID-19, Rohm's plant in Tianjin has been suspended since January 9. However, after receiving approval from the administrative authorities, it has partially resumed operations.
Rohm suspends Tianjin plant amid Covid-19 outbreak January 13, 2022 Following the outbreak of the new coronavirus variant in Tianjin, China on January 9, restrictions on movement have been imposed, including the start of PCR testing for all citizens. As a result, Rohm has temporarily suspended its Tianjin plant since January 9.
Surges seen in sensors & discrete semiconductors this year October 27, 2021 Tight supplies drive up prices and sales of many widely used parts in these market segments, but moderate growth in CMOS image sensors holds back upswing in optoelectronics, says IC Insights in an update.
GPV's looking to expand - breaks ground on new factory October 22, 2021 The Danish headquartered EMS provider announces that it has broken ground on a new electronics factory in Sri Lanka. Once completed in 1Q23, the factory will add a total of 11,300 square metes of production space to the company's Sri Lankan operations.
Incap ups guidance for 2021 September 15, 2021 Incap estimates that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2021 will be significantly higher than in 2020.
Komax is on track for recovery August 23, 2021 The Komax Group saw its market situation gradually improve in the first six months of 2021 on the back of the recovery underway in the automotive industry. This enabled Komax to record a strong order intake of CHF 229.1 million (first half of 2020: CHF 143.8 million).
Automotive MCU sales to surge 23% in 2021 despite shortages August 18, 2021 32-bit designs are expected to generate almost 77% of automotive microcontroller revenues this year, followed by 18% from 16-bit and 6% from 8-bit, says market researcher IC Insights.
Leading China OEM suppliers, 2020 - the top 10 list August 12, 2021 The emergence of the new coronavirus in late 2019 and the still-ongoing pandemic it caused led to an unprecedented global economic downturn. Virtually every nation on the globe felt its effect, but some appear to be recovering faster than others, reports New Venture Research.
China leads post-pandemic robot recovery July 30, 2021 Preliminary data from the International Federation of Robotics (IFR) shows that sales in China increased 19% in 2020.
Incap sees growth across the board - despite shutdowns July 28, 2021 In May–June, the EMS provider had to close its factories in Tumkur, Karnataka as the local government implemented stricter measures to curb the spread of the coronavirus.
Rising threat of COVID-19 to hamper smartphone production July 21, 2021 Given the intensifying COVID-19 pandemic in India and Vietnam in April and May, TrendForce is revising its forecast of annual smartphone production for 2021 from 1.36 billion units down to 1.35 billion units in response to the second wave of coronavirus that has spread throughout India and Vietnam.
South African EMS provider expands capacity with ASM July 12, 2021 South African EMS specialist Jemstech has expanded its SMT capacities with two SIPLACE SX2 placement machines forming a separate production line for high-mix applications.
Schweizer confirms significant growth for 2021 June 28, 2021 During its Annual General Meeting, Schweizer Electronic's CEO Nicolas Schweizer and CFO Marc Bunz looked back on a challenging 2020.
Changes at the top - CFO leaves Osram May 31, 2021 The supervisory board of Osram Licht AG and CFO Kathrin Dahnke have mutually agreed to terminate her contract on June 30.
Lock-down for Incap’s factories in India extended May 25, 2021 The Karnataka state government has extended the intensified measures and the lock-down until 7 June 2021. However, Incap has been granted a permission for partial operations to support the manufacturing of critical electronic equipment including applications for healthcare.
Growth in smartphone production for 2021 drops to 8.5% YoY May 10, 2021 TrendForce’s investigations find that India has become the second largest market for smartphones since 2019. However, the recent worsening of the COVID-19 pandemic in the country has severely impaired India’s domestic economy and subsequently dampened various smartphone brands’ production volume and sales (sell-in) performances there.
Following flying start of 2021 - GPV expands capacity in Asia May 10, 2021 Last week Danish EMS provider GPV announced that it had recorded record results during the first quarter of the year. These positive results will allow the company to put in a higher gear and expands capacity.
Incap temporarily closes its factories in India May 10, 2021 In an effort to curb the current situation related to the spread of the coronavirus, the government of Karnataka has announced stricter measures. As a result of this, Incap has temporarily closed down its factories in Tumkur, Karnataka until 24 May 2021.
Incap keeps investing in India - third factory on the horizon May 06, 2021 The EMS provider has made a decision to invest in a third factory in Tumkur, Karnataka in India. The construction is scheduled to start in the third quarter of 2021, and the opening of the new factory is currently planned to take place in the second quarter of 2022.
GPV kicks off 2021 with a solid performance May 06, 2021 Danish EMS provider GPV just finished up its first quarter of 2021 and delivered record results. With a solid start to 2021 the company has set the tone for the remainder of the year.
Schweizer exceeds projected sales figures for 2020 April 26, 2021 The Schweizer Group achieved consolidated sales of EUR 98.3 million in the 2020 financial year, exceeding the projected sales of between EUR 87 and 93 million.
2020 proved to be GPV's best year yet - despite the pandemic March 05, 2021 2020 proved to be the best year ever for the Danish EMS provider. The record-breaking annual report comes in the wake of a year plagued by the pandemic which impacted individual customer segments very differently.
Incap nearly doubled its revenues in 4Q20 February 25, 2021 The EMS provider reported 2020 forth quarter revenues of EUR 31.5 million, showing an increase of 94% from EUR 16.3 million during the same quarter 2019.
Osram invests in California-based UV LED specialist February 19, 2021 Osram acquires around 20 percent of US company Bolb Inc. via its venture capital arm Fluxunit. With its investment in the California-based UV-C LED specialist Bolb Inc., Osram is further expanding its technological know-how of disinfection applications with UV-C light.
Leuze expands with new plant in Malaysia January 29, 2021 To meet the demand in the Asian markets, Leuze is currently constructing a new plant in Malacca, Malaysia, scheduled for completion in the first quarter of 2022.
Fire hit Taiwanese MLCC manufacturer in China January 19, 2021 On January 13 a fire broke out at Taiwanese passive component maker Walsin Technology’s Dongguan, China site.