PETALING JAYA, MALAYSIA – In the first quarter, ViTrox revenue and core profit rose 44% and 46% year-over-year, respectively, resulting in the company recording its highest ever first-quarter sales.
TURGI, SWITZERLAND -- After six weeks of consultations with employee unions, Enics has confirmed plans transfer manufacturing from its electronics manufacturing plant here to other factories in Europe, a move that will affect up to 110 workers.
NEWARK, NY -- IEC Electronics has opened its state-of-the-art manufacturing facility at the Silver Hill Technology Park here.
WEIHAI, CHINA – HP signed an agreement to sell Foxconn its laser printer manufacturing subsidiary here, according to reports.
TUMKUR, INDIA – Incap plans to invest €4.2 million (US$5.1 million) in a third EMS factory at its site in India. Construction will begin in the third quarter, with production estimated to begin in the second quarter of 2022.
SAN MATEO, CA – Worldwide semiconductor revenue grew to $464 billion in 2020, an increase of 10.8% compared to 2019, according to International Data Corp.