News
SHANGHAI – Postponed due to Covid-19, the Productronica China and Electronica China trade shows have been rescheduled for July 3-5 here. The shows were scheduled to take place in March but were postponed due to the outbreak of the disease.
IRVINE, CA – Vision Engineering opened a 2,700 sq. ft. technology collaboration and training facility here.
SAN JOSE – Flex said it expects 2020 results to be negatively impacted by COVID-19, and the company will not meet current guidance.
VEJLE, DENMARK – GPV reported 2019 revenues of DKK 2.86 billion (US$438.4 million), up 134.4% year-over-year.
HERTFORDSHIRE, UK – The global consumer electronics market will see a full-year decline of 2-5% in retail value terms, while in the long-term, consumer electronics vendors will look to diversify their supply chains, according to Futuresource Consulting.
TAIPEI – Foxconn reported February revenue of $7.3 billion, down 18% year-over-year, the highest monthly decline since 2013.
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