MOUNT PLEASANT, WI – Foxconn’s plans for a nine-story circular structure here were withdrawn, according to reports.
BANG KADI, THAILAND – SVI Public Co. has received a letter of intention from its largest shareholder to make a conditional voluntary tender offer to acquire all the securities of the company.
SAN JOSE – Sanmina’s board has voted to appoint Hartmut Liebel as chief executive officer, effective Sept. 30. Liebel will succeed Michael Clarke, who will remain in an advisory capacity through a transition period.
GRUDZIADZ, POLAND – Kitron has completed a €15 million, 88,000 sq. ft. manufacturing facility here. Production is scheduled to start in October, the EMS firm added.
ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal first quarter revenue of $74 million, up 3.6% year-over-year.
MILPITAS, CA — Worldwide semiconductor manufacturing equipment billings in the second quarter fell 20% from a year ago to $13.3 billion, the SEMI trade group said today.