Thai EMS Firm SVI Reports 8% Sales Growth in Q1 2021
Thailand-based EMS firm SVI Public Co. Ltd posted consolidated sales of THB3.46 billion ($114.7 million) for the first quarter of 2021, up by 7.7% compared to the same period last year. Compared to the fourth quarter of 2020, Q1 2021 was down by 6.4% mainly due to the material shortages throughout the industry, while demand from customers continue to be strong. Communications and Network, Industrial Control, and Automotive and Public Transportation were key contributors to sales this quarter.
SVI reported consolidated gross profit for of THB280 million ($9.3 million) for Q1 2021, down by 3.4% from the same quarter last year. Consolidated gross profit margins contracted to 8.1% from 9% in Q1 2020 but remained the same at 8.1% compared to the previous quarter. The contraction was the result of challenging market environment and appreciation in Thai Baht. In terms o
Computrol Brings on New A&E Manager
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Incap Provides India Factories Update; Outlook for 2021 Remains Unchanged
Incap announced on 10 May 2021 that it had temporarily closed down its factories in Tumkur until 24 May 2021. The temporary closure was related to Karnataka State Government’s intensified measures against the coronavirus pandemic.
The State Government has extended the intensified measures and the lock-down until 7 June 2021. However, Incap has been granted a permission for partial operations to support the manufacturing of critical electronic equipment including applications for healthcare. Incap continues its close co-operation with the Karnataka State Government and follows the instructions announced. The company expects that the factory will be back to normal operations by 7 June 2021.
05/05/2020 |
Donna Vareha-Walsh, Indium
Indium is a critical metal for the indium-tin oxide (ITO) market and other coating applications. Donna Vareha Walsh director of sales and global supply chain and trade compliance at Indium Corporation describes the plentiful global supply of indium and its recycling loop, examines indium’s history of price volatility and the market reactions from the recent Fanya Metal Exchange auction, and provides an overview of indium supply and demand drivers, as well as the impact of recycling efforts. 01/29/2020 |
Kimberly Johnson and Tony Torres, APCT
Risk mitigation in the global supply chain is nothing new to many industries. What is new, however, is the exponential rise in potential risks and the reality that those are risks that simply cannot be predicted. What are some factors for a winning strategy that might not immediately come to mind? Here are a few essential recommendations to the global PCB industry that might significantly lo
SEMI Provides U.S. Commerce Department with Semiconductor Supply Chain Risks Analysis
SEMI, the industry association serving the global electronics design and manufacturing supply chain, announced that it filed comments with the U.S. Department of Commerce in response to its request for public comments regarding risks in the semiconductor manufacturing and advanced packaging supply chain. The comments SEMI submitted provide a summary of the processes, goods and technologies needed for semiconductor production and a host of policy recommendations to strengthen the U.S. semiconductor supply chain and resiliency of the industry.
“Our comments show that just as countless industries depend on semiconductors, semiconductor fabs depend on a complex, global supply chain providing the essential building blocks for semiconductor device manufacturing, from silicon through final test,” said Ajit Manocha, SEMI president and
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