PENANG, MALAYSIA – Escatec has opened a new production facility in Plovdiv, Bulgaria, to meet an increasing demand for nearshoring production in Europe.
KULIM, MALAYSIA – Rapid Manufacturing has announced a new facility here to serve in the aerospace, telecommunication, medical, semiconductor, automotive, and industrial automation sectors, as well as house a regional center to set up a center of excellence.
TAIPEI – Foxconn's overall sales in May rose by 5% in from April's totals because of shipment growth in smart consumer electronics devices, but the NT$450.73 billion ($14.68 billion) earned for the month marked a 9.45% decrease from May 2022.
SAINT-HERBLAIN, FRANCE – Lacroix has partially restarted production at its plants in France, Germany and Tunisia after they were disrupted by a cyberattack in mid-May. The company expects production to return to normal after a gradual ramp-up.
NEEDHAM, MA – According to a new forecast from the IDC Worldwide Quarterly Mobile Phone Tracker, global shipments of smartphones will decline 3.2% in 2023, totaling 1.17 billion units for the year.
NEEDHAM, MA – Worldwide shipments of hardcopy peripherals grew 2.2% year over year to 22.8 million units in the first quarter. Shipment value also expanded 14% year over year during the quarter to $11 billion, according to new data from the International Data Corporation Worldwide Quarterly Hardcopy Peripherals Tracker.