SANTA ANA, CA – TTM Technologies posted strong third-quarter results, beating analyst expectations on both revenue and earnings. The company reported revenue rose 22.1% year-over-year to $752.7 million, surpassing estimates by nearly $41 million.
TAIPEI – Taiwan-based Zhen Ding Tech Group announced that its subsidiary, Avary Holding, will acquire a 53.68% stake in China’s Wuxi Huayang Technology for $50 million, marking a strategic expansion into the rapidly growing automotive electronics sector.
PRACHINBURI, THAILAND – Thai Kun Circuit has broken ground on a new factory at 304 Industrial Park in Thailand as part of its plan to expand production capacity and strengthen its position in the global electronics supply chain.
LUCKNOW, INDIA – Concord Control Systems Limited has taken a step into advanced electronics manufacturing with the acquisition of a 50% equity stake in Fusion Electronics Private Limited. The deal, completed through a definitive share purchase agreement, marks Concord’s entry into the high-value flex PCB segment and designates Fusion as an associate company.
KEDAH, MALAYSIA – Ichia Technologies has inaugurated its second state-of-the-art facility at Kulim Hi-Tech Park (KHTP). The $102 million investment establishes a 55,000-square-meter plant on an 11-acre site that integrates automation, AI and IoT systems in alignment with Industry 4.0 principles.
STOCKHOLM, SWEDEN – NCAB Group AB posted third-quarter net sales of $99.4 million, a 15% increase year-on-year, while order intake climbed 21% to $103.2 million. For comparable units, net sales grew 8% and order intake rose 14%. The company reported a book-to-bill ratio of 1.04, reflecting steady order momentum across key segments.