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CHENNAI – International Finance Corporation is weighing a potential $150 million investment into the India subsidiary of Salcomp, a Finnish electronics manufacturing services company.

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NEW DELHI – Dixon Technologies is reportedly in talks to acquire a majority stake in Transsion Holdings' Indian unit as it looks to strengthen its presence in India's smartphone market.

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HAUPPAUGE, NY – Orbic Electronics, through its affiliate Ashi Properties, has purchased a 27,000 sq. ft. building and and three acres of land here for $6.6 million as part of its plan to move manufacturing from China to the US.

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VINH PHUC, VIETNAM – Ibase Technology has broken ground on a new manufacturing facility here, with plans to begin operations in early 2025.

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SAINT HERBLAIN, FRANCE – Lacroix announced record annual revenue of EUR761.2 million ($826.7 million), up 7.5% from 2022's total.

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WALTHAM, MA – Nano Dimension reported preliminary revenue of $13.2 million for the first quarter, a year-over-year decline of 11.8%.

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