Contract electronics manufacturer Wistron Corp plans to purchase land in Vietnam, as the company continues to gradually shift production to Taiwan, India and the Philippines to diversify risk. The transaction would total 337.4 billion dong (US$14.6 million). Wistron might build a factory to produce information technology-related products in Vietnam, the…
Here is a very informative chart from our Business Outlook, which illustrates how electronics are becoming dominant in auto production — from 1 percent of total cost in 1950 to a projected 50 percent over the next ten years.
COTD = Charts of the Day The headline index from Markit’s flash PMI signals that the worst may be over in the US economy’s soft patch, though Q4 growth looks weak. It was the fourth consecutive monthly improvement in the manufacturing PMI output index, which came in at 52.2, up from…
