HSIN CHU, TAIWAN – Iteq posted net profit up 38.8% in 2019 to a record high NT$2.5 billion (US$81.2 million) on revenue of NT$23.8 billion.
SANTA ROSA, CA – Keysight Technologies said it has temporarily closed through at least the end of March to limit the spread of the coronavirus, mitigate risks to employees, customers and suppliers, and in response to local government directives.
SCHRAMBERG, GERMANY – Schweizer Group reported fiscal 2019 revenue of €120.7 million, down 3.7% year-over-year.
HUBEI, CHINA – Hubei resumed work on Mar. 11. As a result of the Covid-19 outbreak, production here previously shut down for nearly a month.
SAN MATEO – San Francisco Circuits said Bay Area employees are currently working from home after health officers issued a shelter-in-place announcement from Mar. 17 to Apr. 7 in response to the Covid-19 outbreak.
TEWKESBURY, UK – Trackwise Designs has conditionally acquired Stevenage Circuits for a total consideration of up to £2.46 million (US$2.96 million).