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BUSINESS NEWS
Automakers are growing increasingly anxious about a shortage of simple microchips causing production disruptions, which started last week at Honda plants in North America and are expected to spread around the world.
SpaceX is investing 8M to expand its Bastrop, Texas facility by 80,000 square feet, part of a broader three-year plan to add 1M square feet for PCB, semiconductor, and advanced packaging operations.
Manufacturing confidence rises in Singapore, led by 30 percent optimism in the electronics cluster and strong aerospace demand.
South Korea will launch a 250B won fund to secure rare earths and reclassify PCBs and waste catalysts as “circulation resources” to boost mineral recycling.
China’s PCB makers, led by Shennan Circuits, are positioning for growth as low-Earth-orbit satellite projects drive the nation’s expanding space economy.
Zhen Ding expands into automotive electronics as subsidiary Avary acquires 53.68% of Wuxi Huayang.
L&T is in talks with Tamil Nadu to acquire 200 acres near Chennai for a major EMS expansion.
TM Technologies posts 22 percent quarter three year-over-year revenue growth, exceeding forecasts and raising its fourth quarter sales outlook.
North American PCB shipments rose 32 percent year-over-year in September, with year-to-date bookings up 13.1 percent.
North America’s EMS market steadied in September with a 1.31 book-to-bill ratio, signaling sustained demand and improving supply conditions.
Global notebook shipments are projected to grow just over 1 percent in 2026 amid tariffs and inflation, before rebounding to 6 percent in 2027 with the launch of Windows 12.
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