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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
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
05/01/2024 | PRNewswireHQ NextPCB of HQ Electronics, a leading Chinese-based multilayer PCB manufacturer and assembly house showcased its industrial prowess on the international stage for the first time at the IPC APEX Expo 2024.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
All-Inclusive: PRIDE Industries Helps Employees With Disabilities to Succeed
05/01/2024 | Sandy Gentry, IPCPRIDE Industries is the leading employer of people with disabilities and those with other barriers to employment in the United States, including veterans and former foster youth. The company offers job training, placement, on-the-job coaching, and skills development for independent living. It has held IPC membership since 2000. Read more about this unique business and its connection to the electronics manufacturing industry.
TTM’s High Tech Expansion and Industry Innovation
04/30/2024 | Marcy LaRont, PCB007 MagazineTom Edman has been the CEO of TTM Technologies since 2014 and has an extensive background in electronics and manufacturing. TTM is a leading global manufacturer of technology solutions, including mission systems, RF component and RF microwave microelectronics assemblies, and quick turn and advanced technology printed circuit boards.