DE LEON SPRINGS, FL – Sparton Corp. has entered into a definitive agreement to sell its contract manufacturing unit, Manufacturing and Design Services, in a deal between private equity firms.

KUALA LUMPUR – After VS Industry Berhad posted a net loss of RM19.5 million (US$4.6 million) for its fiscal third quarter ended April 30, analysts expect the firm’s fiscal fourth quarter to be profitable, despite challenges related to Covid-19, according to reports.

BAC GIANG, VIETNAM – Foxconn said Vietnam is its largest manufacturing hub in Southeast Asia, say reports. The EMS/ODM company, the world’s largest according to the CIRCUITS ASSEMBLY Top 50, did not indicate whether it includes China as part of the geography.

TAIPEI – Pegatron and EMS firm Qisda are opening new factories in Vietnam, according to reports. Pegatron will rent a plant that will begin production in early 2021, and Qisda is constructing a new factory.