Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter and the year ended July 1, 2023. For the fourth quarter of fiscal year 2023, Keytronic reported
Gross profit was $316.5 million, compared to $304.7 million in 1Q23, and $750.5 million in 2Q22. Gross margin was 20.3%, compared to 20.8% in 1Q23 and 39.4% in 2Q22. In Q3 the company expects revenue to increase by 3%
President Joe Biden signed an Executive Order on Addressing United States Investments In Certain National Security Technologies And Products In Countries Of Concern that authorizes the Secretary of the Treasury to regulate certain U.S. investments
WASHINGTON—Aug. 9, 2023—Semiconductor Industry Association (SIA) President and CEO John Neuffer today released the following statement regarding the one-year anniversary of enactment of the CHIPS and Science Act, a landmark law that provides $52
As America’s semiconductor ecosystem expands in the years ahead, so too will its demand for semiconductor workers with the skills, training, and education needed in the highly innovative semiconductor industry. To address the challenges and opport
Q2 sales down 17.3% compared to Q2 2022; worldwide sales in June increase 1.7% month-to-month WASHINGTON—Aug. 4, 2023—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $124.5 billi
