NEW DELHI — Optiemus Electronics will open a new factory for wearables in Noida by the end of December as part of its strategy to expand capacity to meet growing demand for smartwatches and truly wireless stereo (TWS) earbuds, said director Nitesh Gupta.

HELSINKI — Incap is estimating that its revenue, operating profit and adjusted operating profit for 2022 will be significantly higher than in 2021. According to the company, the increase in the revenue and operating profit estimate is driven by improved visibility related to the customers' forecasts and Incap's own assessment of the business development.

The estimates are given provided that unexpected events impacting Incap’s business environment do not occur, for example, in the availability of components.

Previously, Incap estimated that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2022 would be clearly higher than in 2021.

Incap’s business review for January–September 2022 will be published Oct. 27.

Jacksonville, IL – Foxhole Group, a private investment firm focused on the industrial sector, has announced the addition of quick-turn and Low Volume High Mix capabilities to its CCK Automations platform by acquiring two PCB assembly businesses. Completed as separate transactions, the CCK family of businesses added added OSDA, a quick-turn prototype PCBA shop in Milford, CT as well as Argo EMS, an LVHM business in Clinton, CT.

DEEP RIVER, CT -- Inventec Performance Chemicals USA has filed a lawsuit in US District Court here against Optimal Services, Amtech Manufacturing and various other related entities, asserting violation of federal laws governing unfair competition, false designation of origin and false advertising, and violation of the Connecticut Unfair Trade Practice Act, arising from the alleged unauthorized use of Inventec USA’s trademarks.