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.

TAIPEI – Foxconn expects first quarter revenue to grow more than 15% year-over-year, according to reports.