CHICAGO -- M&A activity in the electronics manufacturing services sector slipped slightly in 2019, falling two to a total of 29.
EAST LONDON, SOUTH AFRICA – The courts have suspended the liquidation process of Yekani Manufacturing’s R1 billion (US$66.7 million) EMS factory, according to reports.
MINNEAPOLIS – CyberOptics reported sales of $16.9 million for the fourth quarter, down 6.6% year-over-year and up 36% sequentially.
FRAMINGHAM, MA – Worldwide spending on information and communications technology is expected to be $4.3 trillion in 2020, an increase of 3.6% over 2019, according to International Data Corp.
RALEIGH, NC – HZO said significant investments in R&D have resulted in 22 patents and patent-pending filings throughout multiple jurisdictions, including the US, China, and Europe.
MANILA – Integrated Micro-Electronics reported 2019 revenues down 7% to $1.2 billion. The net loss was $7.8 million in 2019, compared to net profit of $47.2 million in 2018.
