NEVADA CITY, CA – After China saw its economy shrink nearly 7% in the first quarter of 2020 – the first contraction of China’s economy since records began in 1992 – the centrally controlled economy almost immediately began to rebound, says New Venture Research, and the country ended the year by growing its real GDP 2.3%, the highest among the G20. China’s electronics assembly value reached a new high of nearly $346.3 billion in 2020, nearly half of the entire Asia/Pacific market, says the research firm.

SPOKANE VALLEY, WA – Key Tronic reported fiscal fourth quarter revenue of $132.6 million, up 14% year-over-year.

UTTAR PRADESH, INDIA – Dixon Technologies and Rexxam are forming a joint venture to produce printed circuit boards for air conditioners, according to reports.

PATHUMTHANI, THAILAND – SVI reported second quarter consolidated sales of THB 3.8 billion (US$122.6 million), down 8.2% year-over-year and up 10.7% sequentially.