LONG ISLAND CITY, NY – Cemtrex today increased its planned reverse stock split to 8:1, from the previously announced 6:1 split.
TURNERSVILLE, NJ – CDM Electronics opened a 9,000 sq. ft. manufacturing and distribution center here.
TAIPEI – Foxconn said it plans to manufacture other electronics at its future Wisconsin site, in addition to the TVs and display panels originally planned.
MACAO, CHINA – Deswell Industries reported net sales for the fiscal year ended Mar. 31 were $66.6 million, up 9.7% compared to fiscal 2018.
MILPITAS, CA — Global fab equipment spending will rebound in 2020, growing 20% to $58.4 billion after dropping 19% to $48.4 billion in 2019, according to SEMI.
TAIPEI – Foxconn reportedly has sufficient capacity outside China to meet Apple’s demand in the American market, according to a new report from Reuters. Moving production could come into play due to fallout from the US-China trade war.