CHONGQING, CHINA – Walsin Technology Corp., and its subsidiaries Global Brands Manufacture Ltd. and Prosperity Dielectrics Co., signed an agreement with the Chongqing Municipal City Government to build passive component factories here.
XIAMEN, CHINA – EMS firm Plexus Corp. said today that it has entered into an agreement to purchase land for the construction of a new manufacturing facility here, adjacent to its current facility.
LOS ALTOS, CA – Aggressive deficit spending, record-low interest rates, consumer subsidies and inventory rebuilding gradually lifted world GDP from a 6.5% annualized rate of contraction during the fourth quarter of 2008 to a strong 4.9% expansion during the first quarter of 2010. However, the impact of those expansive measures has gradually worn off, says Henderson Ventures.