/PRNewswire/ The SMT placement equipment market size is expected to grow by USD 905.05 million from 2022 to 2027. In addition, the growth momentum of the.
Power and thermal management solutions provider Delta Electronics Inc (台達電) on Saturday said it would acquire US-based Universal Instruments Corp for US$88.9 million.
Taking over the precision automation solutions company would boost Delta’s smart manufacturing and industrial automation capabilities, and generate substantial research-and-development and customer base synergies, the Taipei-based firm said.
“Universal Instruments has a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial automation business,” Delta chief executive officer Cheng Ping (鄭平) said.
Headquartered in Conklin, New York, Universal designs and manufactures automation and assembly equipment solutions for electronics manufacturers. The
Taipei, Dec. 20 (CNA) Shares in Taiwan closed lower Monday as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) came under heavy pressure, contributing significantly to the broader market falling by more than 140 points, according to dealers.
Power and thermal management solutions provider Delta Electronics Inc (台達電) on Saturday said it would acquire US-based Universal Instruments Corp for US$88.9 million.
Taking over the precision automation solutions company would boost Delta’s smart manufacturing and industrial automation capabilities, and generate substantial research-and-development and customer base synergies, the Taipei-based firm said.
“Universal Instruments has a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial automation business,” Delta chief executive officer Cheng Ping (鄭平) said.
Headquartered in Conklin, New York, Universal designs and manufactures automation and assembly equipment solutions for electronics manufacturers. The
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In a victory for employers, the Second Circuit held that plaintiffs seeking to invoke the expansive three-year statute of limitations in the Fair Labor Standards Act (FLSA) must plead specific facts to support a claim that an employer willfully violated the law.
The FLSA statute has two limitations periods. In general, claims must be filed within two years of their occurrence. However, if an employee can show that the employer’s purported FLSA violations were willful – that the employer acted with reckless disregard for the law or was grossly negligent – the limitations period expands to three years.