Electronics Production | February 01, 2007
Datasensor & Fonyiton to set up JV
Italy based maker of photo electronic devices Datasensor will set up a joint venture with Hungarian EMS-provider Fonyiton. The companies now plans to build a new common plant.
The two companies formes the joint venture for the manufacturing of new products and parts. Fonyton operates with a 200-strong staff team and is a contract manufacturer to Datasensor. The join venture will be launched in April and the companies plans tol hire 75-80 employees. It may also build a new plant in scope of a green-field investment, local media reports.
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