Flex to boost R&D in Hungary September 11, 2025 The Government of Hungary has signed a strategic cooperation agreement with Flex, which announced a new EUR 4.68 million R&D project at its plant in Zalaegerszeg. The investment will focus on vehicle electronics and is expected to create 10 high value-added jobs.
Leadership change announced at Benchmark Electronics September 08, 2025 Benchmark Electronics has announced in a press release that its President and CEO, Jeff Benck, will retire on March 31, 2026. Benck has led the company since 2019, a period marked by organizational changes and expansion of engineering and manufacturing capabilities. He will remain with the company as an advisor until March 31, 2027, to support the leadership transition.
Flex confirms damage to Ukrainian facility after missile strike August 22, 2025 EMS provider Flex has confirmed that its facility in Mukachevo, Ukraine, was damaged during the Russian missile strike on August 21, the company said in a press release the same day.
Russian missile hits Flex's plant in western Ukraine August 21, 2025 A Russian missile strike hit the US-owned Flex electronics factory in Mukachevo, Zakarpattia Oblast, overnight on August 21, according to Ukrainian authorities.
Polymatech completes PCB manufacturing facility in Estonia August 15, 2025 Polymatech Electronics Limited has commissioned its new PCB manufacturing facility in Estonia, furthering the company's expansion into the European market.
A homemade crisis: Europe's EMS market shrank 14% in 2024 August 06, 2025 At Evertiq Expo Berlin, market analyst Dieter Weiss (in4ma) and Christoph Solka (IPC, today Global Electronics Association) took the stage once more — not to speak of promise and growth, but of collapse. With data from over 400 companies and biting commentary, the duo unpacked what they claim to be the worst year for Europe’s EMS industry in two decades — and a crisis entirely of the industry’s own making.
Mycronic reports 35% increase in net sales in Q2 2025 July 14, 2025 Despite sales growth, order intake fell to SEK 1.3 billion from SEK 2 billion. In the second quarter, order intake saw a decline of 37%. EBIT amounted to SEK 568 million and the EBIT margin was 27%.
Flex CEO sees AI and healthcare as US manufacturing bright spots June 18, 2025 The CEO of global electronics manufacturer Flex, Revathi Advaithi, sees the most optimism for US manufacturing in sectors tied to AI, data centres, and healthcare, while consumer electronics and automotive continue to face headwinds.
Why PCB raw materials matter: performance, reliability, and cost June 04, 2025 ICAPE offers an overview of the key factors in PCB raw material selection and the considerations that guide their use.
Flex's critical power business doubles its European footprint May 19, 2025 Flex’s Critical Power Business, Anord Mardix, is launching a major expansion of its European operations with the acquisition of a new manufacturing facility in Bielsko-Biała, Poland.
Flex boosts US production capacity for data centre power products April 29, 2025 EMS provider Flex says that it has significantly increased its US production capacity to meet rising demand for data centre power products, citing the growing infrastructure needs driven by AI adoption.
Lam Research etch system to accelerate nanofabrication R&D at UC Berkeley April 24, 2025 Lam Research has donated its multi-chamber semiconductor etching system to the Marvell Nanofabrication Laboratory at the University of California, Berkeley to advance R&D for next-generation chip technologies.
Top 50 EMS firms grew 12.7% in 2024, reached $477B in assembly revenue April 18, 2025 Overall, the APAC region accounted for around 74.7% of the Top 50 EMS revenue, and the Americas achieved 20.4% revenue growth, an increase of 2.4%, while the EMEA region constituted 2.5%, and an increase of 0.3%, mainly due to extensive activity in acquisitions.
Flex opens NPI centre serving healthcare customers in North America April 09, 2025 EMS provider Flex has opened its new product introduction (NPI) centre near Boston, Massachusetts, serving healthcare customers.
Evertiq Expo Tampere 2025: from chips strategies to cybersecurity March 17, 2025 Evertiq Expo Tampere is gearing up for its return to Tampere Hall on March 27, 2025, bringing together key players from the electronics industry for a full day of networking, knowledge sharing, and business development.
eXception PCB boosts production with new DI system March 05, 2025 UK-based PCB manufacturer eXception PCB has invested in a Nuvogo 1000R. The direct imaging solution enhances production of high-density interconnect (HDI) PCBs, flex and rigid-flex PCBs, and multilayer PCBs.
Flex expands US manufacturing capacity with new Dallas facility February 25, 2025 EMS provider Flex is strengthening its US manufacturing footprint with a new 400,000-square-foot Dallas, Texas, manufacturing facility focused on power products. The expansion is aimed at increasing production capacity for power infrastructure solutions, particularly for AI-driven data centres.
Husqvarna partners with Flex, divests South Carolina factory February 11, 2025 Husqvarna Group has entered into a strategic partnership EMS provider Flex, which includes the divestment of its manufacturing operations in Orangeburg, South Carolina, USA, effective immediately.
Global PCB market set to grow by $26.8 bn by 2029 January 31, 2025 Increased demand for electronic devices will drive uptick, although challenges will persist around environmental concerns, report concludes.
Automotive PCB market predicted to reach $25 bn January 27, 2025 The anticipated boom in demand for electric vehicles is set to provide a significant uptick in the global automotive PCB market, a new report concludes.
Omdia bets on Foxconn becoming world’s largest server vendor December 19, 2024 Fuelled by skyrocketing demand for AI-optimised servers from major US cloud providers, Foxconn's ODM direct business will experience exponential growth in 2024, securing the top rank in Omdia's global server market analysis.
Italian PCB manufacturer Cistelaier achieves ESA qualification December 16, 2024 Earlier in October this year, the European Space Agency formally accredited Cistelaier S.p.A. with ESA qualification in accordance with ECSS-Q-ST-70-60C.
Flex completes acquisition of Crown Technical Systems December 04, 2024 Flex has completed its previously announced USD 325 million all-cash acquisition of Crown Technical Systems, a leader in fully integrated power distribution and protection systems.
in4ma: the state of the EMS Industry in 2024 December 03, 2024 The EMS industry faced significant challenges in 2024 – as discussed in an interview with in4ma analyst, Dieter G. Weiss, during Evertiq Expo Warsaw. Weiss provided a thorough summary of the industry's current problems, prospects, and the contrasting dynamics between Western and Eastern Europe.
Flex acquires JetCool to expand data centre and power portfolio November 20, 2024 Flex has acquired JetCool Technologies, a liquid cooling company for data centres.
East-West contrasts shape Europe’s EMS landscape November 19, 2024 On 24 October 2024, industry analyst and in4ma founder Dieter G. Weiss addressed the audience at the Evertiq Expo Warsaw, sharing insights into the European EMS landscape. Weiss offered a comprehensive overview of the sector’s dynamics, particularly in Central and Eastern Europe, highlighting market trends, labour challenges, and economic shifts.
All Flex invests in assembly inspection automation October 22, 2024 All Flex Solutions has acquired an Omron VP9000 3D Solder Paste Inspection System and an Omron VT-S1080 3D Automatic Optical Inspection System for their flexible circuit assembly facility in Bloomington, Minnesota.
Flex to acquire power distribution firm Crown for $325 million October 21, 2024 Crown Technical Systems has nearly 3 decades of experience in power distribution and control, with capabilities extending to modular solutions, medium voltage switchgear, control and relay products.
Amber Enterprises, Korea Circuit partner to make PCBs in India October 17, 2024 Through this collaboration, the companies plan to bring cutting-edge technology and manufacturing processes to the Indian market.
Production has started at Impact's GigafactoryX site October 02, 2024 Impact Clean Power Technology, a Hannover-based manufacturer of custom battery systems for heavy-duty transport, machinery and large-scale energy storage, has launched what it claims to be Europe’s most modern, highly automated lithium-ion battery production line.
East vs. West – how does Europe’s EMS landscape differ September 30, 2024 The European EMS landscape reveals significant contrasts between Western and Central/Eastern Europe. To explore these differences, Evertiq spoke with Dieter Weiss, founder of in4ma, who provides insights into European EMS market.
Taiwan PCB industry’s H1 production value reaches $11.7 billion September 20, 2024 In the second quarter, the industry’s production value reached NT$190.8 billion (USD 6 billion), a year-on-year growth of 12.7%.