SAN FRANCISCO — Tempo Automation reported revenue of $2.4 million in the third quarter, down 56% from the $5.4 million in revenue in the third quarter of 2021.
HONG KONG — Foxconn, the world's largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell entire equity stake in Chinese chip conglomerate Tsinghua Unigroup.
FRIEDRICHSHAFEN, GERMANY — ZF Group has signed an investment agreement with the Guangzhou Huadu District Government to build a new plant for electronics and advanced driver assistance (ADAS) products in Guangzhou.
SENAI, MALAYSIA — VS Industry Berhad reported first quarter sales of MYR 1.29 billion (US $239 million), an increase of 33% from the MYR 968 million ($219 million) in revenue from the first quarter of last year.
WESTLAKE, OH — Nordson Corporation reported fourth quarter sales of $684 million, a 14% increase from last year's fourth quarter sales of $599 million.
ST. PETERSBURG, FL — Jabil reported revenue of $9.64 billion for the first quarter of its fiscal year.
DELHI — Electronic manufacturing services company Elin Electronics is set to open its IPO on Dec. 20, with shares being sold at a price of Rs 234-247 (US $2.83-2.98).
STOCKHOLM — Note expects to see SEK 1 billion (US $98 million) in revenue this quarter, which would mark the first time the company has met that amount in a single quarter.
TAIPEI — Amid geopolitical tensions between China and the US, more original design manufacturers will be shifting their production operations away from mainland China, according to a report from TrendForce.
HONG KONG — Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the UK, has announced the acquisition of all assets of Pycom Ltd.
BILLINGSTAD, NORWAY — Kitron reported that it expects to see revenues of NOK 6.7-7.3 billion (US $686-$748 million) in 2023, based on strong current demands.