BOCA RATON, FL – Myotek has acquired Amptech for an undisclosed sum. Amptech is a contract electronics assembler serving the automotive, utility and other industrial end-markets and applications.
FRANKFURT, GERMANY – The worldwide components market grew 14% to about $666 billion in 2018, according to the Germany trade group ZVEI Electronic Components and Systems Association.
TAIPEI – Foxconn reported $19.2 billion in consolidated sales for October, up 21.5% year-over-year and 0.82% sequentially, the second-highest monthly figure in the firm’s history.
PATHUMTANI, THAILAND – SVI Public Co. Ltd. recorded third quarter consolidated sales of $127 million, an increase of 31.7% year-over-year and 11.2% sequentially.
TORONTO -- SMTC shook up the electronics manufacturing services industry today, announcing its acquisition of MC Assembly. SMTC paid $65 million for the privately held MC Assembly, subject to certain adjustments.
TAIPEI -- Pegatron is considering moving production from China to its other factories around the world as means to cope with tariffs and other supply-chain issues.
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