TAIPEI – Foxconn’s chairman Young Liu expects to boost the company’s gross margin to 7% from 3-4% by the end of the year, according to reports. Gross margin above 10% in the long term is the goal.

MELBOURNE – Fluidra Australia expanded its manufacturing and warehouse facility here during the past 12 months.

TORONTO – NeuronicWorks is expanding its operations to offer fully integrated, turnkey, custom box assembly services, in addition to the firm’s design, engineering and prototyping services.

SINGAPORE – Kulicke and Soffa Industries reported fiscal fourth quarter net revenue of $485.3 million, up 173.1% year-over-year and 14.4% sequentially.

DELHI – Electronics manufacturer Elin Electronics has filed for an initial public offering.

INDIANAPOLIS, IN – Specialty Coating Systems acquired Comelec, provider of Parylene, atomic layer deposition and multilayer coating services, for an undisclosed sum.

SNOW HILL, NC – Contract electronics manufacturer Precision Graphics will invest $5.1 million in a new plant here, with plans to hire 70 staff, according to reports.

VEJLE, DENMARK – Electronics manufacturer GPV reported third quarter revenue of DKK 799 million (US$121.7 million), down 4% year-over-year.

ENSCHEDE, THE NETHERLANDS – Infestos Sustainable Solutions now holds 86.22% of shares in its subsidiary Neways Electronics as a result of a public offer.

TAIPEI – Foxconn reported third quarter revenue increased 8.8% year-over-year to NT$1.406 trillion (US$50.6 billion).

ATLANTA – The recent risk management rules for five persistent, bio-accumulative, and toxic (PBT) chemicals are the first of many under the regulatory authority provided the EPA by the Toxic Substances Control Act, according to Assent Compliance.

MINNEAPOLIS, MN – Nortech reported third quarter net sales of $29.5 million, an increase of 11.7% year-over-year. The revenue improvement was primarily due to higher production volume resulting from actions to scale the direct labor workforce and strengthen the supply chain for parts.