HAIPHONG CITY, VIETNAM – EMS firm USI broke ground on a new 65,000 sq. m. facility here, with a planned investment of $200 million for phase one.
HERTFORDSHIRE, UK – The gaming accessories market continues to climb, on track to achieve 21% volume growth in 2020, according to Futuresource Consulting.
SANTA CLARA, CA – PDF Solutions has entered into a definitive agreement to acquire Cimetrix for a $35 million cash payment, net of cash on Cimetrix’s balance sheet as of closing, and subject to other closing adjustments, for all of the outstanding equity.
TAOYUAN CITY, TAIWAN – Taiwan Kong King Co. reported revenue for the first nine months of 2020 was nearly NT$1.1 billion (US$37.8 million), up 23% year-over-year.
CHENGDU, CHINA – Today some 1,000 dispatch workers gathered outside Foxconn’s factory here to protest a failure to pay promised bonuses for recruiting workers to the ODM, according to China Labor Watch.
WASHINGTON – China Electronics Technology Group is among the 31 companies blacklisted by the Trump administration for their suspected ties to the Chinese military. The order is intended to keep US investors from trading shares of the suspect companies, which were pinpointed by the US Defense Department.
WESTWOOD, MA – Chase Corp. reported fiscal fourth quarter revenue of $23 million, down 11.4% year-over-year.
SAINT-HERBLAIN, FRANCE – LaCroix Electronics reported fiscal fourth quarter revenue of €75.1 million (US$88.8 million), down 0.8% year-over-year.
WAYZATA, MN – Nortech Systems reported net sales of $26.3 million for the third quarter, down 12.6% year-over-year.
TAIPEI – Foxconn reported third quarter revenue down 6.9% year-over-year to NT$1.3 trillion (US$45.3 billion).
TAMPA, FL – Sypris Electronics reported third quarter revenue of $10.1 million, up 53% year-over-year.