SCANFIL reported fourth quarter revenue of EUR 144.4 million ($179.8 million), up 18.1% year-over-year.
KITRON posted fourth quarter revenue of NOK 668 million ($86 million), an increase of 17% year-over-year.
SOME HANDSET MAKERS have flagged confusion created over an India budget proposal to impose basic customs duty on assembly printed circuit boards only for chargers and not for the whole handset.
“MAHARASHTRA must get over this Foxconn thing,” state industry minister Subhash Desai said on Thursday, virtually ruling out the Foxconn investment plan.
SHIPMENTS OF CONSUMER ELECTRONICS DEVICES enabled with wireless charging rose 40% in 2017 to nearly 500 million, according to IHS Markit.
PRESIDENT TRUMP’S INFRASTRUCTURE PRINCIPLES will strengthen US workforce, said the head of the Consumer Technology Association.
TACTOTEK, a developer of injection molded structural electronics solutions, has closed $23 million in new funding.
K&F ELECTRONICS installed a MivaTek LDI.