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CHENNAI, INDIA – Syrma SGS Technology has formed a semiconductor-focused subsidiary, named Syrma Semicon, according to a filing with the Bombay Stock Exchange.

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TAIPEI – Foxconn will invest more than $1.5 billion in an Indian construction project to fulfill its “operational needs,” the company announced in Taiwanese security filings.

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KUALA LUMPUR – Inari Amertron reported revenue of RM383.9 million ($82 million) for the first quarter of its fiscal year, up 1.8% from the RM377 million ($80.5 million) in revenue for the same quarter last year.

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