Global Sourcing Spotlight: How to Evaluate Supplier Capabilities Worldwide
The Knowledge Base: Cultivating Your Brand in the Age of Connection
SMT Perspectives and Prospects: Warren Buffett’s Perpetual Wisdom, Part 2
Kitron Adjusts Outlook due to Lockdown in China
December 14, 2021 | KitronEstimated reading time: Less than a minute
The authorities in Ningbo, China, have imposed a lockdown in Zhenhai, one of the six districts in Ningbo, due to an outbreak of COVID-19 in the area. Kitron’s facility is located in the Zhenhai district, and although there are no known cases at Kitron's facility, production was halted on December 7 due to the restrictions. The production halt is expected to last two weeks.
Kitron's other sites will not be able to compensate for the production halt in Ningbo.
For 2021, Kitron has previously indicated a revenue outlook of between NOK 3 700 and 3 900 million and an EBIT margin between 6.8 and 7.1 percent.
Revenue is now expected to between NOK 3650 and 3750 million, and EBIT is expected to be between NOK 235 and 255 million.
In the third quarter report, demand was described as very strong. This is still the case. If anything, the demand outlook has strengthened further, supporting a positive outlook for 2022, given that the supply constraints gradually ease.
Share on:
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
Facing the Future: Challenges and Opportunities in Reshoring PCB Manufacturing
08/12/2025 | Prashant Patel -- Column: Facing the FutureFor decades, offshore manufacturing dominated the global electronics industry. The pursuit of cost efficiency, scalability, and access to vast labor markets made countries like China, Taiwan, and Vietnam attractive destinations for printed circuit board (PCB) production. But a seismic shift is underway, from geopolitical instability and supply chain disruptions to rising labor costs and national security concerns.
Automated Production Equipment and Manncorp Announce Strategic Partnership to Expand SMT Solutions for U.S. Electronics Manufacturers
08/06/2025 | Automated Production EquipmentAutomated Production Equipment (APE), a trusted supplier of high-performance soldering and rework systems, proudly announces a strategic partnership with Manncorp, a leading provider of Surface Mount Technology (SMT) production equipment. This collaboration brings together two industry leaders to deliver expanded, end-to-end SMT solutions to electronics manufacturers across North America.
KYZEN to Feature CYBERSOLV 141-K and KYZEN E5631J at SMTA Michigan Expo and Tech Forum
08/05/2025 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, will exhibit at the SMTA Michigan Expo and Tech Forum, scheduled to take place Tuesday, August 19, 2025 at Laurel Manor in Livonia, Michigan. During the event, the KYZEN Clean Team will highlight precision aerosol cleaner CYBERSOLV 141-K and understencil cleaner KYZEN E5631J.
Global Citizenship: Chinese PCB Fabricators Will Remain an Important Part of the Supply Chain
08/06/2025 | Tom Yang -- Column: Global CitizenshipIn today’s hyperconnected electronics landscape, collaboration is no longer optional; it’s essential. No single country holds a monopoly on innovation, and no one company or country can go it alone. Electronics manufacturing is very much a global business, and this will not change, no matter how the tariffs and global trade winds are blowing. Whether you're a startup founder building your prototype, an aerospace engineer pushing the boundaries of performance, or a supply chain leader managing a complex global network, Chinese PCB fabricators have likely already touched your world.
Statement from the Global Electronics Association on the July 2025 Tariff on Copper Foil and Electronics-Grade Copper Inputs
07/31/2025 | Global Electronics AssociationWe are disappointed by today’s decision to impose a 50% tariff on imported copper foil and other essential materials critical to electronics manufacturing in the United States.