CHENNAI, INDIA – Flex has opened a 159,000 sq. ft. manufacturing facility here, its fourth in India.
STAMFORD, CT – Worldwide semiconductor revenue is expected to decline 9.6% to $429 billion in 2019, according to Gartner. The research firm cited falling prices and weaker demand for key products for the drop.
GLENVIEW, IL – Illinois Tool Works reported its test and measurement/electronics unit had second quarter revenue of $533 million, down 3.8% year-over-year.