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NEOM, SAUDI ARABIA – Foxconn is in talks with Saudi Arabia to build a $9 billion foundry here to produce microchips, electric vehicle components and other electronics, according to reports.

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SHENZHEN – Foxconn halted operations here today, as China locks down major cities during another Covid-19 outbreak, according to reports.

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POOLE, UK – In 2021 Europlacer enjoyed growth of 49% in orders, along with a 33% increase in sales billings.

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HERZLIYA, ISRAEL – Cybord raised a $4 million seed investment led by IL Ventures.

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NEENAH, WI – Plexus Corp. confirmed its fiscal second quarter guidance for revenue of $820 million to $860 million.

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BASINGSTOKE, UK – Volex acquired 51% majority stake in electronics design and manufacturing services firm inYantra Technologies for $13 million. The deal includes the $5 million purchase of 13.5 acres of industrial land.

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