CHICAGO – Despite economic pressures, the EMS industry demonstrated increased deal activity and resilience during the fourth quarter of 2022, and the year as a whole saw one fewer transaction than in 2021, according to data gathered by Lincoln International. 

TAIPEI – Foxconn has signed a $62.5 million lease with Saigon-Bac Giang Industrial Park Corp in Vietnam to build a new manufacturing facility.

FONTENAY-AUX-ROSES, FRANCE – Icape Group has announced the acquisition of Fimor Electronics, a French manufacturer of human-machine interface solutions and distributor of custom-made technical parts.

PATHUMTANI, THAILAND – SVI Public Co. reported quarterly revenue of $200 million in the fourth quarter and annual revenue of $741 million, an increase of 48.8% from the previous year. Both amounts were historical highs for the company.