Fab News

ANSAN, KOREA – Daeduck Electronics announced second quarter revenue of ₩238.2 billion ($178.5 million), up 8.4% from the second quarter of 2023.

Read more: Daeduck Reports 8% Increase in Q2 Revenue

NEEDHAM, MA – Worldwide spending on artificial intelligence, including AI-enabled applications, infrastructure, and related IT and business services, will more than double by 2028 when it is expected to reach $632 billion, according to a new forecast from IDC's Worldwide AI and Generative AI Spending Guide.

Read more: Report: AI Spending to Reach $632B in 2028

TOKYO – Japanese PCB manufacturer CMK reported an 8% year-over-year increase in revenue for the quarter ending on June 30, totaling ¥22.9 billion ($157.6 million).

Read more: CMK Reports 8% Growth in Quarterly Revenue

WALTHAM, MA – Nano Dimension reported record revenue of $15 million for the second quarter, up 2% from last year's second quarter.

Read more: Nano Dimension Announces Record Q2 Revenue

KUNSHAN, CHINA – Long Young Electronic has announced plans to invest CNY200 million ($28 million) to build two new factories in Thailand.

Read more: Long Young to Build 2 Thai Factories

TAOYUAN, TAIWAN – The global flex PCB market will gradually recover from its 2023 downturn, with the market size expected to reach $19.7 billion in 2024, representing a 7.3% year-on-year growth, TPCA reported.

Read more: Flex PCB Market to Reach $19.7B in 2024, TPCA Forecasts

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