TÄBY, SWEDEN – Mycronic senior vice president Ivan Li is exiting the company's senior management team to free up the possibility of listing its Axxon subsidiary on a Chinese stock exchange.
LAHTI, FINLAND – Kemppi Group is splitting its electronics business into its own company, Kemptron, to strengthen its position in the electronics industry.
KUALA LUMPUR – Malaysian contract manufacturer Ge-Shen has entered into an agreement to purchase 60% stakes each in Amity Research & Development and Amity Technical Services & Consultancy for RM13.5 million ($2.6 million).
CHEONAN, KOREA – NPD reported revenue of KRW235.7 billion ($176.7 million), down 26% from 2022 total.
ST. PETERSBURG, FL – Jabil announced $6.8 billion in revenue for the second quarter of its fiscal year, a year-over-year decline of 16.8%.
TAOYUAN CITY, TAIWAN – Taiwan Surface Mounting Technology reported revenue of NT46.5 billion ($1.47 billion) for 2023, down 32% from the previous year.
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