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In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
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I-Connect007 Editor’s Choice: Five Must-Reads for the Week
March 24, 2023 | Nolan Johnson, I-Connect007Estimated reading time: 2 minutes
It’s almost as if upheaval is the new normal. We often describe slow-moving but unstoppable change as moving in “geologic time.” But occasionally–like an earthquake–geology shifts suddenly. Here in my office, tracking the news of the industry, things are moving faster than geologic time, but more slowly than the jolt of an earthquake. The wave seems almost surfable, where before it seemed overwhelming. In this week’s list, we bring news from five different, high-vibration areas in our industry. If you read nothing else this week, these five items will keep you informed.
The Big Picture: A New Globalization
Published March 20, 2023
I-Connect007 columnist, Mehul Davé takes a step back to consider nationalism, globalism and their teeter-totter relationship, the “paradox mindset” as a unifying worldview, the advent of AI, and the implications all these dynamics bring to the world in which we do business. No wonder this column got so much attention.
Darwin AI Evolving the Islands of Automation
Published March 20, 2023
Speaking of the effect of artificial intelligence applications on our industry, we recently had the opportunity to interview Darwin AI’s CEO and founder, Sheldon Fernandez. Darwin AI is focused on bringing AI to electronics assembly. Learn what he has to say here.
Foxconn Announces FY2022, 4Q22 Financial Results
Published March 20, 2023
As one of the largest electronics assembly companies on the planet, Foxconn’s 2022 revenues equal nearly $218 billion. How did the rest of the financial numbers turn out? Seems plenty of readers wanted to know.
NextFlex Launches $4.4M Funding Opportunity to Strengthen U.S. Electronics Manufacturing, Advance Adoption of Hybrid Electronics
Published March 22, 2023
From the press release, “NextFlex, America’s Flexible Hybrid Electronics (FHE) Manufacturing Institute, released Project Call 8.0 (PC 8.0), the latest call for proposals that seek to fund projects that further the development and adoption of FHE while addressing key challenges in advanced manufacturing that support Department of Defense priorities. The total PC 8.0 project value is expected to exceed $9.4M (project value/investment figures include cost-sharing), bringing the total anticipated investment in advancing FHE since NextFlex’s formation to $134M.” If this is a program you can take advantage of, read on here.
The Summit View of the Marketplace
Published March 21, 2023
Investments, staffing, cybersecurity, and a peek into his crystal ball—John Vaughan, vice president of strategic markets at Summit Interconnect, sits down with Nolan Johnson to talk about it all. Business is good, by the way, thanks to Summit’s portfolio of military contracts, and he has sound advice to offer for smaller shops in the United States, and their real ability to make a difference in PCB fabrication.
Suggested Items
Sypris Reports Q1 2024 Results; Revenue Up 10%
05/15/2024 | Sypris Solutions Inc.The Company’s first quarter 2024 consolidated revenue increased 10.1% to $35.6 million compared with the prior-year quarter, representing the 11th quarter of double-digit year-over-year growth during the past 12 quarterly periods.
SMTC Strengthens Leadership for Future Growth: Ed Smith Promoted to Executive Chairman; Mike Buseman Joins as CEO
05/15/2024 | BUSINESS WIRESMTC Corporation, a leading North American provider of electronics manufacturing services, is pleased to announce the appointment of Mike Buseman as President & Chief Executive Officer, effective May 13, 2024.
Kimball Electronics Thailand Helps Save Lives by Hosting a Blood Drive
05/14/2024 | Kimball ElectronicsKimball Electronics Thailand employees took part in a blood donation event. The blood drive took place in the Rajapruek Building at Laem Chabang Industrial Estate Office.
ACDi Expands East Coast Presence with Acquisition of Fourth Manufacturing Plant
05/13/2024 | ACDiACDi, a leading provider of electronics manufacturing services, today announces the expansion of its East Coast presence and manufacturing capabilities with the acquisition of a fourth manufacturing plant in Kilmarnock, Virginia. The company signed an asset purchase agreement with QinetiQ to acquire their Virginia facility and its assets, including SMT, wave soldering, AOI and SPI equipment. The deal brings ACDi to 4 East Coast locations with a total of 9 SMT lines.
Indium Experts to Present at Electronics in Harsh Environments SMTA Conference
05/13/2024 | Indium Corporationndium Corporation Technical Manager for Europe, Africa, and the Middle East, Karthik Vijay, will deliver a technical presentation and Indium Corporation Senior Technologist, Dr. Ronald Lasky, will deliver both a workshop and technical presentation at the Electronics in Harsh Environments SMTA Conference on May 14-16 in Copenhagen, Denmark.