FRAMINGHAM, MA – Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter, while investments in traditional, non-cloud and infrastructure plunged 16.3% year-over-year, according to International Data Corp.

DE LEON SPRINGS, FL – Sparton Corp. has entered into a definitive agreement to sell its contract manufacturing unit, Manufacturing and Design Services, in a deal between private equity firms.

KUALA LUMPUR – After VS Industry Berhad posted a net loss of RM19.5 million (US$4.6 million) for its fiscal third quarter ended April 30, analysts expect the firm’s fiscal fourth quarter to be profitable, despite challenges related to Covid-19, according to reports.

BAC GIANG, VIETNAM – Foxconn said Vietnam is its largest manufacturing hub in Southeast Asia, say reports. The EMS/ODM company, the world’s largest according to the CIRCUITS ASSEMBLY Top 50, did not indicate whether it includes China as part of the geography.