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Incap Restarts Production in India as Restrictions Related to the Pandemic are Relaxed
May 27, 2020 | Globe NewswireEstimated reading time: Less than a minute
To contain the COVID-19 pandemic, the government of India instructed in March all state governments to introduce a lockdown. As a consequence, Incap announced the closure of its factory in Karnataka, India on 23 March 2020. Restrictions to contain the pandemic in Karnataka region have now been relaxed and Incap’s production at the factory has restarted.
Incap’s factory in Straffordshire, UK, remains in operation with somewhat reduced capacity, due to the British government’s measures to contain the COVID-19 pandemic in the UK.
“The current relaxation of the restrictions is very positive news. As the restrictions have been ongoing in April–May, we still expect that the impact of the pandemic on our performance will be stronger in the second quarter compared to the first quarter. That said we are happy to be up and running again in all units. The health and safety of our employees and other stakeholders remains our priority and we are taking several measures at all our factories to protect them. We also continue to closely monitor the situation and follow the instructions provided by the local governments and health protection agencies,” says Otto Pukk, President and CEO of Incap Corporation.
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Magnachip Semiconductor Announces YJ Kim to Step Down as CEO; Current Board Chairman Camillo Martino Appointed Interim CEO
08/14/2025 | PR NewswireMagnachip Semiconductor Corporation today announced that YJ Kim has agreed to step down as CEO and as a member of the Board of Directors, effective immediately. Camillo Martino, Chairman of the Board of Directors, has also been appointed Interim Chief Executive Officer, effective immediately.
Bell to Build X-Plane for Phase 2 of DARPA Speed and Runway Independent Technologies (SPRINT) X-Plane Program
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Nolan’s Notes: Moving Forward With Confidence
06/03/2025 | Nolan Johnson -- Column: Nolan's NotesWe’re currently enjoying a revitalized and dynamic EMS provider market with significant growth potential. Since December 2024, the book-to-bill has been extremely strong and growing. Starting with a ratio of 1.24 in December, book-to-bill has continued to accelerate to a 1.41 in April. Yet, there is a global economic restructuring taking place. To say that the back-and-forth with tariffs and trade deals makes for an uncertain market is an understatement. While we may be in a 90-day tariff pause among leading economic nations, the deadline is quickly approaching and that leaves many of you feeling unsettled about what to expect.
Mycronic High Flex Changes Division Name to PCB Assembly Solutions
05/20/2025 | MycronicMycronic AB, the leading Sweden-based electronics assembly solutions provider, announced that its division formerly known as High Flex will now operate under the name PCB Assembly Solutions.
SolderKing Achieves the Prestigious King’s Award for Enterprise in International Trade
05/06/2025 | SolderKingSolderKing Assembly Materials Ltd, a leading British manufacturer of high-performance soldering materials and consumables, has been honoured with a King’s Award for Enterprise, one of the UK’s most respected business honours.