Fab News

AUSTIN, TX – Flex announced $26.4 billion in net sales for its fiscal year, a year-over-year decrease of 7.4%.

Read more: Flex Reports $26.4B in Annual Sales

FREUDENSTADT, GERMANY – Schmid Group has announced the completion of a business combination with Pegasus Digital Mobility Acquisition Corp. that will allow Schmid to be listed on the Nasdaq Stock Exchange.

Read more: Schmid Completes Business Combination, Lists on Nasdaq Market

MIAMI – Element Solutions reported first quarter sales of $349.2 million for its Electronics segment, an increase of 3% from the first quarter of 2023.

Read more: Element Solutions Sees 3% Increase in Q1 Electronics Sales

SHENZHEN – Kinwong Electronic saw revenue of CNY10.8 billion in 2023 ($1.49 billion), up 2.3% from 2022.

Read more: Kinwong Electronic Reports 2% Annual Revenue Growth

SAN JOSE, CA – Sanmina reported revenue of $1.83 billion for the second quarter of its fiscal year, a decrease of 21.1 % from the same quarter in 2023.

Read more: Sanmina Announces 21% Quarterly Revenue Decline

SHENZHEN -- Avary Holding, the listed Chinese arm of Zhen Ding Technology, reported first quarter revenues of RMB6.69 billion ($923 million), flat with 2023.

Read more: Avary Holding (ZDT) Reports Flat Sales in Q1

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