BANNOCKBURN, IL – The Global Electronics Association reported that North America’s EMS industry continued to stabilize in September 2025, setting the stage for steady growth heading into the final quarter of the year.
BANNOCKBURN, IL – The Global Electronics Association reported strong September results for the North American PCB industry, highlighting double-digit year-to-date gains in both shipments and bookings.
CHENNAI – Larsen & Toubro (L&T) is exploring a major expansion into the EMS sector, with preliminary discussions underway with the Tamil Nadu government for approximately 200 acres of land near Chennai.
TAIPEI, TAIWAN & WASHINGTON, DC – Foxconn has announced a major collaboration with NVIDIA, Stellantis and Uber to jointly develop and deploy Level 4 autonomous vehicles for robotaxi services worldwide.
ZURICH, SWITZERLAND – Cicor Technologies has announced plans to acquire UK-based TT Electronics PLC in a $378 million cash-and-share deal. Once completed, TT shareholders will hold roughly 10% of the enlarged Cicor Group, with the transaction expected to close in the first half of 2026.
AUSTIN, TX – Flex reported strong results for its second quarter of fiscal 2026, posting $6.8 billion in net sales, up 4% year over year and at the high end of its guidance range. GAAP net income for the quarter reached $199 million, including $41 million in costs related to missile strike damage at Flex’s Ukraine facility.
LUCKNOW, INDIA – Concord Control Systems Limited has taken a step into advanced electronics manufacturing with the acquisition of a 50% equity stake in Fusion Electronics Private Limited. The deal, completed through a definitive Share Purchase Agreement, marks Concord’s entry into the high-value flex PCB segment and designates Fusion as an associate company.