TOKYO -- Panasonic's cost-cutting will next hit its chip assembly unit as the company has a deal in place to sell three plants to United Test and Assembly Center, Reuters reported today. Panasonic is declining comment on the report, which claims a deal will be completed by early February.
MILPITAS, CA -- Silicon Turnkey Solutions today announced the asset acquisition of Bay Area EMS, a Milpitas-based electronics manufacturing services company. Terms were not disclosed.
AUSTIN, TX — VirTex Enterprises has acquired fellow EMS MTI Electronics for an undisclosed sum. Menomonee Falls, WI-based MTI will become a wholly owned subsidiary and is expected to maintain its current operations and personnel.