CHENNAI, INDIA – Pegatron Technology India has leased a 420,000 sq. ft. industrial facility here for an undisclosed sum, according to reports.
ISTANBUL – Oppo has begun test production at its new smartphone assembly plant here, which is currently under construction, according to reports.
TEMPE, AZ – EMD Performance Materials has a new name in the US: EMD Electronics. EMD Electronics includes semiconductor materials, semiconductor delivery systems and services, display, and surface solutions.
IRVINE, CA – Infinite Electronics has been acquired by Warburg Pincus from Genstar Capital.
HAUPPAUGE, NY – Orbit International’s electronics group reported February orders in excess of $1.25 million.
OTTAWA – The global automotive electronics market will reach hit around $640.6 billion by 2030, growing at a 10-year compound average rate of 7.64%, according to new study by Precedence Research. Automotive electronics sales comprised nearly $256 billion in 2020, the market researchers said, boosted by demand for electric vehicles and their high electronics content.