YOUNGSVILLE, NC – East West Manufacturing will close its facility here in March and lay off 107 workers there, according to paperwork filed with the North Carolina Department of Commerce.
TAIPEI – Foxconn expects a year-over-year drop in revenue in the first quarter of 2024 after slower market demand impacted the prior quarter.
CHENNAI, INDIA – Syrma SGS Technology has announced the incorporation of a new wholly owned subsidiary, Syrma Mobility Private Limited.
WALTHAM, MA – Nano Dimension reported preliminary revenue of approximately $14.3 million for the fourth quarter, an increase of 18% from the fourth quarter of 2022.
GURGAON, INDIA – Indian EMS provider Amber Enterprises, through its subsidiary Iljin Electronics, has acquired a 60% stake in PCB maker Ascent Circuits for an undisclosed sum.
SZEGED, HUNGARY – BYD, the world's largest electronic vehicle manufacturer, will build an assembly plant here, its first production facility for EVs in Europe.