CHENNAI, INDIA – Tata Electronics has acquired a 60% controlling stake in Pegatron's India unit as it looks to expand its iPhone manufacturing capabilities in the country.

NEENAH, WI – Plexus announced $976 million in revenue for the first quarter of its fiscal year, remaining flat compared to the same quarter last year.

STAMFORD, CT – Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner.

TAIPEI – The NAND Flash industry will continue to face dual pressure from weak demand and oversupply in 2025, according to the latest research from TrendForce. In response, manufacturers including Micron, Kioxia/SanDisk, Samsung, and SK hynix/Solidigm have similar plans to cut production – a move that could accelerate industry consolidation in the long term.