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BUSINESS NEWS
Scanfil has announced the acquisition of SRXGlobal and its factories in Melbourne, Australia, and Johor Bahru, Malaysia, for €23.3 million ($25.7 million).
TTM Technologies received a $30 million grant from the Department of Defense to help fund an expansion of its PCB manufacturing capabilities.
Aimtron is set to expand its domestic operations in India after its IPO earlier this year.
Pegatron chairman TH Tung says AI is brewing as the ODM awaits the smartphone replacement wave.
When evaluating vendors, 64% of manufacturers surveyed cite strong onboarding and ongoing support as crucial, according to a new study from ABI Research.
Apple is set to move AirPod production to Foxconn’s factory in Telangana, India, and will produce casings for the product at Jabil’s factory in Pune.
Safran plans to build a defense electronics facility in India, its first factory to be built outside of France.
Tata Electronics will resume some operations at its fire-damaged plant in Hosur, India, that produces components for Apple iPhones.
Some US semiconductor manufacturers will be exempt from federal environmental reviews they normally would have needed to receive Chips Act funds.
A US dockworker strike could potentially cripple overseas shipments – including electronics – as they are stuck on ships at the affected ports.
NEOTech added an enhanced wire bonding manufacturing process for microelectronics circuit assemblies.
Variosystems appointed Markus Nikles CFO.
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