DE LEON SPRINGS, FL – Sparton Corp. has entered into a definitive agreement to sell its contract manufacturing unit, Manufacturing and Design Services, in a deal between private equity firms.
KUALA LUMPUR – After VS Industry Berhad posted a net loss of RM19.5 million (US$4.6 million) for its fiscal third quarter ended April 30, analysts expect the firm’s fiscal fourth quarter to be profitable, despite challenges related to Covid-19, according to reports.
BAC GIANG, VIETNAM – Foxconn said Vietnam is its largest manufacturing hub in Southeast Asia, say reports. The EMS/ODM company, the world’s largest according to the CIRCUITS ASSEMBLY Top 50, did not indicate whether it includes China as part of the geography.