Variosystems Expands in China; Builds New Facility
The company broke ground on a future China facility in Suzhou (Wuzhong District) on March 23, 2012. The new manufacturing location will meet the growing demand of existing customers as well as an increased interest for customers looking at China for their offshore manufacturing.
Foxconn Builds New Apple Production Line in China
U.S. smart phone giant Apple plans to expand its manufacturing facilities in China and its contract manufacturer, Foxconn has announced plans to invest $210 million to build an Apple production line.
Flextronics Earns Lockheed Supplier Excellence Award
The award was given to Flextronics in recognition for excellence in program performance in support of Lockheed Martin's Space Systems company. The award recognizes program performance in meeting and exceeding technical, cost, and schedule objectives.
Compal Receives Notebook ODM Orders from Samsung
Samsung Electronics has for the first time outsourced notebook production and released initial ODM orders to Compal Electronics, with shipments to begin in June 2012, according to Taiwan-based notebook supply chain makers.
Foxconn Chairman: Europe and U.S. Economy to Worsen
Economies in eurozone are currently mired in terrible conditions due to the raging debt crisis, and the business environment will certainly turn sour in the U.S. in 2013 after the presidential election in 2012, according to Terry Guo, chairman of the Foxconn Group.