SCHAUMBURG, IL -- Sparton announced fiscal first quarter net sales of $100.4 million, down 5.9% from year ago.
SON, THE NETHERLANDS – Neways Electronics has reached an agreement with a pair of banks on a new credit facility that increases its access to loans and replaces its current terms.
HAMPSHIRE, UK – Nearly 60 million smartphone VR headsets will ship in 2021, up 240% from the 16.8 million expected to be sold this year. However, falling average selling prices of these devices means they will only account for 7% of hardware revenue, says Juniper Research.
BANGKOK – Fabrinet reported fiscal first quarter revenue of $332 million, an increase of 53% year-over-year.
TAIPEI, TAIWAN -- Inventec will expand production capacity in several regions outside China to meet growing demand for IT infrastructure and PC equipment, according to published reports.
ALBUQUERQUE, NM — TE Connectivity and 3D Glass Solutions are collaborating on the development of electronic interconnect devices using glass-based system-in-package (SiP) technology.