Fab News

TAOYUAN, TAIWAN – Tripod Technology announced annual revenue of NT$58.9 billion ($1.87 billion), down 11% from 2022.

Read more: Tripod Technology Sees Annual Revenue Drop 11%

HSINCHU, TAIWAN – ITEQ announced sales of NT$25.1 billion ($796.6 million) for 2023, a decrease of 14% from the previous year's sales.

Read more: ITEQ Reports 14% Decline in Annual Sales

TAIPEI – Global Brands Manufacture announced annual revenue of NT$22.9 billion ($726.3 million), down 5.7% from 2022.

Read more: Global Brands Manufacture Reports 5.7% Revenue Decrease

SAN JOSE, CA – Cadence Design Systems will buy BETA CAE Systems International AG, a maker of software for analyzing car and jet engine designs, for $1.24 billion in cash and stock, the company announced.

Read more: Cadence to Buy BETA CAE Systems for $1.2B

TAOYUAN CITY, TAIWAN – Dynamic Holding reported full-year revenue of NT$15.7 billion ($497.6 million), a 2.7% increase from 2022.

Read more: Dynamic Holding Reports 2.7% Annual Revenue Increase

MILWAUKEE – Sierra Circuits will close its plant here in March and eliminate 37 jobs, according to the company's filing with the Wisconsin Department of Workforce Development.

Read more: Sierra Circuits to Close WI Plant

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