KUNSHAN, CHINA – Long Young Electronic has announced plans to invest CNY200 million ($28 million) to build two new factories in Thailand.

Read more: Long Young to Build 2 Thai Factories

TAOYUAN, TAIWAN – The global flex PCB market will gradually recover from its 2023 downturn, with the market size expected to reach $19.7 billion in 2024, representing a 7.3% year-on-year growth, TPCA reported.

Read more: Flex PCB Market to Reach $19.7B in 2024, TPCA Forecasts

PETACH TIKVA, ISRAEL – Eltek announced revenue of $10.5 million for the second quarter, down 4.5% compared to last year's second quarter.

Read more: Eltek Reports 4.5% Decrease in Q2 Revenue

LONDON – Private investment firm Bain Capital has announced the acquisition of a controlling stake in Somacis, an Italian PCB manufacturer, from Chequers Capital.

Read more: Bain Capital to Acquire Italian PCB Maker Somacis