TAIPEI – Taiwan-based server ODMs, including Quanta, Foxconn, Wistron (including Wiwynn), and Inventec, have set up production bases in countries like Thailand, Vietnam, and Malaysia, TrendForce reports, and it’s projected that by 2023, the production capacity from these regions will account for 23%, and by 2026, it will approach 50%.
TAIPEI – Foxconn founder Terry Gou said Taiwan's businesses are hoping for continued peace between the US and China amid increased tensions between the two nations.
PASADENA, CA – Procurement professionals are now enjoying a degree of negotiation power that they have not experienced in years due to an improved environment for the buy-side of the electronics supply chain marked by falling lead times, stubborn inventory, uneven demand, and mostly declining pricing, according to new Commodity IQ data from Supplyframe.
SAN FRANCISCO – Tempo Automation has received a letter from Nasdaq's Listing Qualifications Department notifying the company that it no longer meets the requirements for continued listing on the Nasdaq Global Market because it has not filed a quarterly financial report for the period ended June 30.
WESTLAKE, OH – Nordson's Advanced Technology Solutions sales of $140 million were a decrease of 3% compared to the prior year's third quarter.
WALTHAM, MA – Nano Dimension saw $14.7 million in revenue in the second quarter, marking a 33% increase over last year's second quarter.