TAIPEI – Foxconn founder Terry Gou said return to production at the company’s factories in China has "exceeded our expectations" after the coronavirus outbreak temporarily shut down manufacturing, according to reports.
KISTA, SWEDEN – Note reported lost sales in the first quarter of about SEK 20 million (US$2.1 million) as a result of stoppage of manufacturing in China. However, for the past two weeks, production at Note’s plant in China has been running at full capacity.
SAN JOSE – Sanmina does not expect to achieve its previously issued guidance for the second quarter, citing the impact of Covid-19.
BRONSCHHOFEN, SWITZERLAND – Cicor reported 2019 net sales for its microelectronics operations of CHF 61.3 million (US$64.2 million), down 2.6% year-over-year.
PATHUM THANI, THAILAND – Sanmina has expanded its component assembly facility here. The site now has custom packaging and assembly capabilities to manufacture optical, high-speed and radio frequency microelectronic assemblies.
FRAMINGHAM, MA – The escalating coronavirus crisis is already impacting IT markets, as buyers and vendors adjust to a new set of assumptions and a new global economic reality, according to International Data Corp.
