News
BURNABY, BC, CANADA – An undisclosed stake in Creation Technologies has been sold by one private equity firm to another.
SAN JOSE – Sanmina reported fiscal third quarter revenue of $2 billion, up 11.8% year-over-year and down 4.7% sequentially.
CAMBRIDGE, UK – The market for wearables in 2019 will reach $50 billion, more than double since 2014, says IDTechEx.
TEMPE, AZ – Benchmark Electronics will shutter assembly sites in San Jose and Guaymas, Mexico, by the end of March and lay off about 3% of its global workforce.
SAN JOSE – Flex will take up to $265 million in charges over the next three quarters in part related to layoffs of an unspecified number of workers.
CHENNAI, INDIA – Flex has opened a 159,000 sq. ft. manufacturing facility here, its fourth in India.
