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Kaynes Technology Acquires Canada-Based August Electronics

05/09/2025 | PRNewswire
August Electronics Inc. is pleased to announce that it has entered into a definitive agreement to be acquired by Kaynes Canada Limited, a wholly owned step-down subsidiary of Kaynes Technology India Limited, a leading Electronics System Design & Manufacturing (ESDM) company. The transaction is expected to close by the end of May 2025, subject to customary regulatory approvals and closing conditions.

Localized Automation Becomes a Tariff Storm Safe Haven, but U.S. Smart Factory Build-Out Costs Far Exceed China’s

05/09/2025 | TrendForce
TrendForce’s latest “Human-Machine Technology Report” points out that although the 90-day delay on the U.S. reciprocal tariffs announced by the Trump administration in early April 2025 offers temporary relief, it has already triggered lasting shifts in global manufacturing and supply chain strategies.

Primech AI Plans Production of 300 HYTRON Robots through its China Manufacturing Expansion

05/09/2025 | Globe Newswire
Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited announced a significant expansion of its manufacturing capabilities through a strategic manufacturing partnership in Guangdong Province, China.

Ultrahuman Expands its American Factory’s Manufacturing Capacity

05/09/2025 | GlobeNewswire
Ultrahuman, a pioneer in health optimization technology, has announced that it’s ramping up its capacity of the Ring AIR. Ultrahuman’s manufacturing facility (UltraFactory) in partnership with SVtronics, a US-based electronics manufacturing business, has been operational in Plano, Texas, since November 2024.

Axxon-Mycronic Promotes Eric Ting to Sales Director, Southeast Asia

05/09/2025 | Axxon-Mycronic
Axxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, is excited to announce the promotion of Eric Ting to the role of Sales Director, Southeast Asia (SEA), effective immediately. In this new position, Eric will report directly to Serena Wei Li, HV Marketing & Overseas Sales Director.
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