Finance News.

Plexus Cuts Fiscal Q3 Sales Forecast

Plexus Corp. has lowered its fiscal third quarter revenue and profit estimates due to production problems at one of its factories and unanticipated weakness in demand from customers in the networking and communications equipment market. The Wisconsin-based electronics manufacturing services (EMS) provider said it now projects revenue for the quarter ended July 4 will be…

Flexible Displays Gain Market Share

While flexible displays enable a host of new applications – roll-up displays, for example – the things they don’t do are also appealing. Flexible displays – which can be made on substrates such as plastic –don’t break as easily as glass, for example. One of the issues that’s been holding advancement of this technology back…

Scent Technology Set to Grow by 30% Through 2020

Some of the deadliest threats to human lives are things that can’t be seen, heard, smelled or touched. In fact, scents are added to substances such as natural gas so leaks can be identified before they overwhelm victims—or explode. Technology can also help avert disasters.  Scent technology is expected to grow rapidly, by 30.4 percent,…

Is the Industry Ready for Off-, Right- and Near-Shoring?

The high-tech industry has spent the better part of two decades working the kinks out of a supply chain that expanded rapidly into China. In addition to the bureaucracy the move entailed – many companies had to partner with a Chinese company in order to literally get a foot on the ground—the logistics of designing…

Device Shipments Slow

Global shipments of PCs, tablets, ultra-mobiles, and mobile phones are forecast to reach 2.5 billion units in 2015, according to Gartner Inc. This is an increase of 1.5 percent from 2014 but down from the previous quarter’s forecast of 2.8 percent growth. The report, “Forecast: PCs, Ultramobiles and Mobile Phones, Worldwide, 2012-2019, 2Q15 Update,” forecasts…

Electrocomponents: 4 Steps to Unleashing its Potentials

In November Lindsley Ruth will unveil his vision for Electrocomponents Plc and outline the actions he is taking to energize the company, improve sales and gain market share. Ruth declined to discuss details of his plans during an interview but the measures will most likely be far-reaching and could include a major overhaul of the…

Robotics Technology: The Electronics Nurse is on Duty

With fewer young people around for company and tighter healthcare budgets, an aging population is rightfully concerned about their futures. But engineers are working hard to change that outlook by developing robots that not only allow seniors to continue to live independently, but also cheer them up when they’re feeling low. People are living longer.…

Semiconductor Sales Advance 5.1% in May

The global semiconductor industry overcame lingering macroeconomic uncertainty to post solid year-to-year growth in May, according to the Semiconductor Industry Association (SIA).  Worldwide sales of semiconductors reached $28.2 billion for the month of May 2015, an increase of 5.1 percent from May 2014 when sales were $26.8 billion, the SIA said. Global sales from May 2015…