KUALA LUMPUR – VS Industry (VSI) said construction of its new electronics manufacturing facilities in Johor, Malaysia, are on track to be completed soon. The new capacity permits the EMS company to meet increased orders.
GLENVIEW, IL – Illinois Tool Works reported first quarter test & measurement and electronics revenue was $552 million, an increase of 13.8% year-over-year and 3.4% sequentially. Organic growth was up 11%.
HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenue of $283.8 million, down 3.1% year-over-year.