SCHMID Group (NASDAQ: SHMD) signed a preliminary manufacturing project letter of intent and investment framework agreement with authorities in Banfu Industrial Zone, Zhongshan, China, to build a new manufacturing campus. The company plans to consolidate two leased plants into a modern, company-owned site, nearly doubling effective China manufacturing capacity. The…
China has released a new action plan to bolster its electronics manufacturing sector that stresses the need for resilient, self-sufficient supply chains, as the country confronts rising US export curbs on advanced chip technology. “The electronics manufacturing industry is a strategic, foundational and leading sector of the national economy, crucial to stabilising industrial growth and…
Despite the hurdles, Indian electronics manufacturing services (EMS) firms are racing to forge partnerships with established Chinese suppliers. Companies like Dixon Technologies, Micromax, Zetwerk, and Syrma SGS are actively pursuing deals for display modules, camera sub-assemblies, printed circuit boards, and more. These collaborations are seen as critical to remaining competitive, given Chinese firms’ entrenched role in…