In the metaverse madness, ams OSRAM already offers relevant products including eye tracking devices, 3D sensing, and RGB lasers. With the introduction of Micro LED technologies in the coming years, the company’s products will surely meet brands’ and consumers’ expectations.
"Globetronics value diversity, which can be seen in their multi-national workforce of 1,300 employees ranging across 4 countries, with 77%/31%/22% of women representation in workforce/management/board levels. Foreign labour contributed 40-50% to its total workforce." Maybank
Over half of ATA's 8,032 employees are foreigners, according to the firm's latest annual report.
ATA more than 4000 foreign labours vs Gtronic 700 foreign workers.
Taiwan-based electronics manufacturer Foxconn is moving ahead with a plan to acquire a Lordstown Motors vehicle assembly plant in Ohio for $230 million, the companies announced on Wednesday.
The cash-strapped electric vehicle start-up will find some relief from the capital infusion, while the partnership gives Foxconn a jump start on producing fully electric trucks. Shares of Lordstown rose more than 13% after hours on the news.
According to a statement from the companies, Foxconn acquired $50 million of common stock directly from Lordstown Motors at a price of about $6.90 per share after signing the agreement in September.
Going forward, Foxconn will make a down payment of $100 million by November 18, subsequent payments of $50 million each in February and April, and a final closing payment before the end of April.
Mercedes-Benz has announced that it is finalising the planning for a regional after-sales logistics centre in Malaysia. The carmaker has signed a long-term lease agreement for the location, which is in Senai Airport City in Johor. Operations is expected to start in early 2024.
For the development of the new building, the German premium carmaker has found a partner in Tiong Nam Logistics Solutions, which will be the lead for developing the approximately 1,000,000 sq.ft location, as well as the owner of the new warehouse. A newly established company – Mercedes Benz Parts Logistics Asia Pacific (Malaysia), a 100% subsidiary of Mercedes-Benz AG – will operate the facility.
“With our planned after-sales logistics centre, Mercedes-Benz is committed and will invest to strengthen our foothold in Malaysia. We have found excellent conditions and great support in cooperation with MIDA and the related ministries. Located strategically in Johor Bahru, this new centre will enable us to reaffirm our position as a global and regional distribution hub whilst creating new jobs for the region,” said Thomas Schulz, VP of global service and parts operations.
“Both our customers and our dealer networks will enjoy a good service and high-quality standards through this new infrastructure,” he added.
The new distribution centre will be a part of Daimler AG’s global after-sales supply chain network and will serve as a distribution site for spare parts in the Asia Pacific region and other countries. It will handle the importation, storage and regional management of spare part and accessories.
"After fulfilling a batch of orders for the Equipment segment in the last quarter, new orders will only be delivered in the ensuing quarters. This has led to a lower revenue from the Equipment segment."
Fruitful results will start kicking in in the ensuing quaters...
FPI is associate company of Wistron. There will be spilled over from Wistron as this has happened for the past 3 years. During AGM last year, Chairman mentioned that FPI designed smart devices together with Wistron. FPI will sell finished products to Wistron who would directly ship to their (wistron) customers.
Capacity Increase for Cold Chain Vaccine Distribution In addition, the Group also reported that expansion of its cold chain distribution facilities, essential for vaccine distribution, has been completed in Singapore and will be completed by the fourth quarter of 2020 in Malaysia. “For many years now, we have been supplying a wide range of vaccines and biologicals under cold chain distribution specifications directly to many healthcare professionals in Malaysia and Singapore. The planned capacity increase is timely as volume is growing. We will also be ready to play our role in the supply chain when vaccines for COVID-19 become available” added Dr Kee
Hovid Berhad Voluntary recall of Mixture Potassium Citrate batch number BH09184
Kuala Lumpur, October 26, 2018: We received a complaint about our product Mixture Potassium Citrate from one of our customers, we are currently investigating the matter and as a precautionary measure we are voluntarily recalling batch number BH09184 of Mixture Potassium Citrate. Hovid is undertaking this voluntary recall in consultation with National Pharmaceutical Regulatory Agency (NPRA) of Ministry of Health.
Consumers are to return product with batch number BH09184 at their point of purchase for a refund. The voluntary recall is only limited to this batch, all other batches and products are not affected.
For further information, contact us at +6 014-2467738 (Monday – Sunday, 8:00am – 6:00pm) or email us at email@example.com should you have further queries.
Customer safety is paramount to us and we will always ensure that right measures are taken to preserve their wellbeing.