TAIPEI – Inventec's board of directors approved a plan to build new production lines for servers in Mexico for an estimated $75.9 million, according to reports.
BRONSCHHOFEN, SWITZERLAND – Cicor Technologies reported net profit tripled in the first half of 2021 to CHF 5.2 million (US$5.6 million), 4.4% of sales. The favorable development of the Euro against the Swiss Franc contributed to the increase.
LOUISVILLE, KY – Sypris Electronics reported second quarter revenue was $8.8 million, down 9.3% year-over-year and up 30% sequentially.
TAIPEI – Foxconn reported second quarter revenue was NT$1.35 trillion (US$48.6 billion), up 20% year-over-year. Profit was NT$29.8 billion, up 29.7%.
NEWARK, NY -- IEC Electronics Corp. and Creation Technologies have signed a definitive merger agreement under which Creation will acquire all outstanding shares of IEC for $15.35 per share in cash, making the deal worth approximately $174 million.
NEWARK, NY -- IEC Electronics today reported revenues of $49.4 million for its fiscal third quarter ended Jul. 2, up 4.2% versus a year ago.
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