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IMI Core Business Sustains Path to Recovery with $13 Million of Net Income for the Year

04/05/2024 | IMI
Integrated Micro-Electronics, Inc. (IMI) reports total group revenues of US$1.3 billion, 6% lower than the previous year, driven by factors attributable to its non-wholly owned subsidiary group including the shorter fiscal year of STI Enterprises Limited which was divested on October 31, 2023.

Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion

04/03/2024 | BUSINESS WIRE
Intel Corporation outlined a new financial reporting structure that is aligned with the company’s previously announced foundry operating model for 2024 and beyond.

Jabil Posts Second Quarter Results

03/18/2024 | Jabil
“Despite revenue headwinds this year, which are expected to be short-term, I’m pleased with the resiliency of our model and our team’s demonstrated ability to execute,” said CEO Kenny Wilson. “Even under these conditions, we expect to deliver strong core operating margins and free cash flow in FY24,” he added. 

Aspocomp Posts Net Sales Down by 17% in 2023, Operating Profit Turned Negative

03/14/2024 | Aspocomp
Aspocomp estimates that its net sales for 2024 will increase from 2023 and its operating result will improve from 2023. In 2023, net sales amounted to EUR 32.3 million and the operating result was a loss of EUR 1.7 million.

Europlacer Integrates Siemens Valor Process Preparation Software Into SMT Assembly Equipment

02/28/2024 | Europlacer
Europlacer has signed a global partnership agreement with Siemens, provider of the industry’s leading electronics manufacturing software solutions, to integrate Valor Process Preparation software into its Surface Mount assembly platforms and products worldwide.
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