LINZ, AUSTRIA – Kontron has agreed to acquire around 60% of the shares in Katek in a bid to expand its portfolio of green energy solutions and the aerospace segment.
NEENAH, WI – Plexus has announced that it will not meet its first quarter revenue guidance of $990 million to $1.03 billion.
HAUPPAUGE, NY – Orbic Electronics Manufacturing has announced the launch of its Project Patriot initiative, which will move its manufacturing operation from China to New York's Suffolk County, bringing more than 1,000 new jobs to the area.
NEEDHAM, MA – Global shipments of traditional PCs marginally surpassed expectations in the fourth quarter with nearly 67.1 million PCs shipped, down 2.7% from the prior year, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
TAIPEI – Foxconn Technology Group has established an electric vehicle business in Zhengzhou, China, amid declining smartphone sales.
SPOKANE VALLEY, WA – Keytronic has announced the appointment of Brett R. Larsen to succeed Craig D. Gates as the company’s president and CEO, effective June 30.