STMicrolelectronics to cut more operations
STMicroelectronics is said to close or sell another 10 - 15% of its European operations.
According to the Financial Times, the company is said to plan to sell a maximum of 5 of its 30 production facilities, with decisions still pending. STM is also planning to outsource around 20% of its production within the next two years, CEO Carlo Bozotti told the Financial Times.
Incap signs solar deal
Incap has signed an agreement to manufacture solar street and area lights for Naps Systems, a solar electricity system and product developer and supplier.
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GPV moves into medical electronics
GPV Asia Electronics has obtained Bureau Veritas’ medical certification ISO 1348.
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Balda shareholder Octavian suffers loss at court
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