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KUALA LUMPUR – Malaysian contract manufacturer Ge-Shen will purchase a 40% stake in EMS firm Local Assembly to expand its presence in electronics manufacturing.
NORTH YORK, ON – ZTest announced $4.2 million in revenue for the six-month period ending on Dec. 31, a record for the company and an 88% year-over-year increase.
SINGAPORE – ASMPT reported revenue of $435.4 million for the fourth quarter, a year-over-year decrease of 21.4%.
EL SALTO, MEXICO – Foxconn has purchased an NT827 million ($26.5 million) plot of land here with the aim to bolster its AI server production capabilities.
TECATE, MEXICO – OSI Electronics has opened a new manufacturing facility here to expand its capabilities in North America.
MOORESVILLE, NC -- General Microcircuits, a subsidiary of East West Manufacturing, will close this year and lay off about 100 workers, according to a mandatory government filing.
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- NOTE strengthens its leadership – Bahare Mackinovski appointed Chief Sales and Marketing Officer