CHENNAI – International Finance Corporation is weighing a potential $150 million investment into the India subsidiary of Salcomp, a Finnish electronics manufacturing services company.

NEW DELHI – Dixon Technologies is reportedly in talks to acquire a majority stake in Transsion Holdings' Indian unit as it looks to strengthen its presence in India's smartphone market.

HAUPPAUGE, NY – Orbic Electronics, through its affiliate Ashi Properties, has purchased a 27,000 sq. ft. building and and three acres of land here for $6.6 million as part of its plan to move manufacturing from China to the US.

VINH PHUC, VIETNAM – Ibase Technology has broken ground on a new manufacturing facility here, with plans to begin operations in early 2025.

SAINT HERBLAIN, FRANCE – Lacroix announced record annual revenue of EUR761.2 million ($826.7 million), up 7.5% from 2022's total.

WALTHAM, MA – Nano Dimension reported preliminary revenue of $13.2 million for the first quarter, a year-over-year decline of 11.8%.

HAUPPAUGE, NY – Orbit International announced bookings of $12.7 million for the first quarter, with deliveries already commencing and expected to continue through the first quarter of 2026.

WASHINGTON – Global semiconductor industry sales totaled $46.2 billion in February, a year-over-year increase of 16.3%, the Semiconductor Industry Association reported.

MORRISVILLE, NC – The International Electronics Manufacturing Initiative (iNEMI) has published the first roadmap topics in its new format, with printed circuit boards, sustainable electronics, smart manufacturing and mmWave materials and test now available online.

BIÑAN, PHILIPPINES – Integrated Micro-Electronics reported $1.3 billion in revenue for 2023, a decrease of 5.9% compared to last year.

TAIPEI – Foxconn said it has gradually resumed normal production after shutting down some of its Taiwan manufacturing lines after a major earthquake off the island's east coast.

PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today announced a pair of free upcoming technical talks on PCB design layout and land pattern generation as part of its meeting at the Del Mar Electronics Show on Wednesday, April 24.