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TAIPEI – Foxconn’s chairman Young Liu expects to boost the company’s gross margin to 7% from 3-4% by the end of the year, according to reports. Gross margin above 10% in the long term is the goal.

MELBOURNE – Fluidra Australia expanded its manufacturing and warehouse facility here during the past 12 months.

TORONTO – NeuronicWorks is expanding its operations to offer fully integrated, turnkey, custom box assembly services, in addition to the firm’s design, engineering and prototyping services.

SINGAPORE – Kulicke and Soffa Industries reported fiscal fourth quarter net revenue of $485.3 million, up 173.1% year-over-year and 14.4% sequentially.

DELHI – Electronics manufacturer Elin Electronics has filed for an initial public offering.

INDIANAPOLIS, IN – Specialty Coating Systems acquired Comelec, provider of Parylene, atomic layer deposition and multilayer coating services, for an undisclosed sum.

SNOW HILL, NC – Contract electronics manufacturer Precision Graphics will invest $5.1 million in a new plant here, with plans to hire 70 staff, according to reports.

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