TAOYUAN CITY, TAIWAN – Taiwan Kong King Co. reported revenue for the first six months of 2023 was NT1.05 billion ($32.9 million).

SHENZHEN – Chinese automaker BYD's electronics unit has agreed to purchase Jabil's mobile electronics manufacturing business in China for 15.8 billion yuan ($2.2 billion).

KUALA LUMPUR – SKP Resources saw first-quarter revenues decline 22.3% to RM431.6 million ($93 million) from RM555.2 million ($119.7 million) in the same quarter of 2022.

KARNATAKA, INDIA – Kaynes Technology has signed an agreement with the Indian state of Karnataka in which the state government will invest Rs 3,750 crore ($435.9 million) for two Kaynes subsidiaries to set up a PCB manufacturing plant and a semiconductor assembly and testing (OSAT) facility.

HAWTHORNE, CA – OSI Systems' Optoelectronics and Manufacturing division reported revenue of $387.4 million for its 2023 fiscal year, an increase of 5.6% from fiscal year 2022.

TAIPEI – Taiwan-based server ODMs, including Quanta, Foxconn, Wistron (including Wiwynn), and Inventec, have set up production bases in countries like Thailand, Vietnam, and Malaysia, TrendForce reports, and it’s projected that by 2023, the production capacity from these regions will account for 23%, and by 2026, it will approach 50%.

TAIPEI – Foxconn founder Terry Gou said Taiwan's businesses are hoping for continued peace between the US and China amid increased tensions between the two nations.

PASADENA, CA – Procurement professionals are now enjoying a degree of negotiation power that they have not experienced in years due to an improved environment for the buy-side of the electronics supply chain marked by falling lead times, stubborn inventory, uneven demand, and mostly declining pricing, according to new Commodity IQ data from Supplyframe.

SAN FRANCISCO – Tempo Automation has received a letter from Nasdaq's Listing Qualifications Department notifying the company that it no longer meets the requirements for continued listing on the Nasdaq Global Market because it has not filed a quarterly financial report for the period ended June 30.

WESTLAKE, OH – Nordson's Advanced Technology Solutions sales of $140 million were a decrease of 3% compared to the prior year's third quarter.

WALTHAM, MA – Nano Dimension saw $14.7 million in revenue in the second quarter, marking a 33% increase over last year's second quarter.

BANGKOK – Fabrinet's FY2023 revenue of $2.65 billion represented a 17.3% increase compared to the $2.26 billion in revenue for fiscal year 2022.