News
BILLINGSTAD, NORWAY — Kitron has reported third-quarter revenues of NOK 1.66 billion (US$161 million), which doubles the company's reported revenues of NOK 831 million (US$80 million) in the third quarter of 2021.
The company said the revenue growth reflects both the acquisition of Danish EMS provider BB Electronics AS and underlying growth for other business units.
CLINTON, NY — Indium Corporation has opened a new 37,500 sq. ft. manufacturing facility in Penang, Malaysia.
Earlier this year, the company announced an investment of RM250 million for its expansion in Malaysia with the new manufacturing facility for its solder paste, thermal materials, and engineered solder products. The new facility has already begun its manufacturing activities, and is meant to expand Indium's production capacity for its customers in Malaysia and the surrounding region, including Thailand and Vietnam.
TORONTO — Celestica has announced that it saw third-quarter revenues of $1.92 billion, an increase of 31% compared to the $1.47 billion in revenues for the third quarter of 2021.
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