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SAN JOSE – Flex is planning to invest up to $500 million to expand its manufacturing base in India, according to reports. The firm plans to set up export-oriented facilities, aiming for revenue of $1 billion in the next year.

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REDMOND, WA – Data I/O Corp. posted net sales in the third quarter of $3.8 million, down 41.5% year-over-year. The year-over-year decline was a result of a cyclical downtrend in the industry that began at the end of 2017 and demand impacted by international trade and geopolitical issues in 2019, says the firm.

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TAIPEI –  Taiwanese exports of electronic components grew 3.9% year-over-year in the third quarter, with IC exports up 8.1%, while other components were down 21.5%.

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