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Flex Appoints Michael Hartung as President, Chief Commercial Officer

07/26/2024 | Flex
Flex announced the appointment of Michael Hartung as President, Chief Commercial Officer, effective immediately. In his expanded role, Mr. Hartung will continue to report to Flex CEO, Revathi Advaithi and lead both the Agility and Reliability segments, focusing on delivering on the long-term Flex Forward strategy and driving the adoption of the company's end-to-end services and products across targeted markets.

GE Aerospace Investing $1 Billion to Expand and Upgrade MRO Facilities Worldwide

07/19/2024 | BUSINESS WIRE
GE Aerospace announced plans to invest more than $1 billion over five years in its Maintenance, Repair and Overhaul (MRO) and component repair facilities worldwide.

Flex Joins the Reverse Logistics Association

07/19/2024 | Flex
Flex announced it has joined the Reverse Logistics Association (RLA), a member-driven, global trade association for the returns and reverse industry and an authoritative body for reverse logistics best practices. Bringing more than two decades of experience in integrated reverse logistics and circular economy services at scale, Flex joins a community network of top service providers and decision makers from companies globally focused on advancing reverse logistics.

SGH Announces $200M Strategic Investment from SK Telecom to Advance End-to-End AI Infrastructure Solutions

07/16/2024 | BUSINESS WIRE
SMART Global Holdings, Inc. (SGH), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that SK Telecom (SKT), an affiliate of SK Group, is making a $200 million preferred equity investment in SGH.

Electronic System Design Industry Posts $4.5 Billion in Revenue in Q1 2024

07/16/2024 | SEMI
Electronic System Design (ESD) industry revenue increased 14.4% to $4,521.6 million in the first quarter of 2024 from the $3,951.1 million registered in the first quarter of 2023, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report.
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