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Bits + chips
Ritek adds investment in China subsidiary, CMC Magnetics closes factory in Ireland
Press release, Taipei; Adam Hwang, DIGITIMES
Ritek on February 21 announced additional investment of US$15 million in its subsidiary Kunshan Welltec, located in Kunshan, Jiangsu Province, China, with the investment made through its overseas subsidiary, Max Online Limited, registered in the British...
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The coronavirus outbreak has disrupted production and weakened consumer confidence, with all ICT sectors bracing for major declines in shipments. Digitimes Research has conducted analyses on three mobile device sectors, namely notebooks, smartphones and tablets in the wake of the outbreak.