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Kimball Electronics Reports Q2 Results, Company Updates Outlook for Fiscal Year 2025

02/05/2025 | BUSINESS WIRE
The Company ended the second quarter of fiscal 2025 with cash and cash equivalents of $53.9 million and borrowing capacity available of $226.4 million. Capital expenditures were $6.5 million, and the Company invested $3.0 million to repurchase 160,000 shares of common stock.

AV Secures $288 Million Delivery Order on $990 Million Contract with U.S. Army

02/04/2025 | BUSINESS WIRE
AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its third delivery order totaling $288 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS).

Fresh PCB Concepts: Tariffs and the Importance of a Diverse Supply Chain

01/28/2025 | Team NCAB -- Column: Fresh PCB Concepts
With the new Trump administration, we anticipate an increase in tariffs on products from China, including printed circuit boards (PCBs). The current U.S. tariffs on PCBs from China is 25%, with two-layer and four-layer boards excluded from the tariffs until May 31, 2025. I’ve recently received a lot of questions about tariffs, even from the engineering end. While we are uncertain what the future will hold, this situation illustrates why it’s important to have a diverse supply chain.

SIA Statement on Biden Administration Action Imposing New Export Controls on AI Chips

01/15/2025 | SIA
The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer regarding the Biden Administration’s decision to publish an interim final rule titled, “Export Control Framework for Artificial Intelligence Diffusion.”

SCHMID Group Reports H1 2024 Financial Results and Guidance Update

01/03/2025 | SCHMID Group
SCHMID Group N.V., a global leader in providing solutions to the high-tech electronics, photovoltaics, glass, and energy systems industries, reports its unaudited financial results for the first half of 2024, covering the period ended June 30, 2024 and updates its full-year 2024 guidance.
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