MADISON, WI — The State of Wisconsin has agreed to new terms for Foxconn, reducing the ODM’s tax breaks, say reports. Details were not immediately disclosed.
NEW DELHI – Broadband India Forum has approached the telecom department and the finance ministry in India seeking a reversal of a hike in import duties on components and PCBAs, saying the move will drive up the cost of making telecom products and may offset benefits of the production-linked incentive scheme.
STOCKHOLM – Note reported first quarter sales increased 6% year-over-year to SEK 502 million. Adjusted for currency effects, growth was 11%.
MUNICH – Katek, the second-largest German electronics manufacturing services provider, is preparing an initial public offering on the Frankfurt Stock Exchange in the second quarter of this year. The company expects proceeds of approximately €80 million, which will primarily be used for organic growth and acquisitions.
SAN DIEGO – The Electronics, Components and Technology Conference (ECTC), the international packaging conference, will again be virtual this year, running Jun. 1 through Jul. 4.
NARSAPURA, INDIA – Wistron has downgraded the roles of its head in India, as well as its operations head there, following violence at its Narsapura plant in December, according to an unnamed government source.
Press Releases
- SP Manufacturing Brings World-Class EMS Expertise to MD&M East 2025; Jackson Tan Comments
- Aligned Solutions Announces Leadership Transition: Bryce Timms to Succeed Mike Young in Ohio, Kentucky, Western PA; Jim Rittma Comments
- SASinno Americas Expands Product Portfolio with Private-Labeled Purex Fume Extraction Systems; Mike Young Comments
- DISTRON CORPORATION Celebrates 20-Year Anniversary of Test Engineering Manager Richard Guerin