LUCKNOW, INDIA – Concord Control Systems Limited has taken a step into advanced electronics manufacturing with the acquisition of a 50% equity stake in Fusion Electronics Private Limited. The deal, completed through a definitive Share Purchase Agreement, marks Concord’s entry into the high-value flex PCB segment and designates Fusion as an associate company.
TORONTO, CANADA – Celestica posted strong third-quarter results, with revenue climbing 28% year-over-year to $3.19 billion, exceeding the high end of its guidance.
KEDAH, MALAYSIA – Ichia Technologies has inaugurated its second state-of-the-art facility at Kulim Hi-Tech Park (KHTP). The $102 million investment establishes a 55,000-square-meter plant on an 11-acre site that integrates automation, AI and IoT systems in alignment with Industry 4.0 principles.