Flex news
Here are some recent news articles related to Flex:
Flex's Acquisition of Invendis
- Flex announced the acquisition of Invendis, a leading provider of end-to-end supply chain solutions, in February 2023. The acquisition is expected to enhance Flex's capabilities in the automotive and industrial sectors. (Source: Flex.com)
Flex's Partnership with Microsoft
- Flex and Microsoft announced a partnership in January 2023 to develop and deploy edge computing solutions for the industrial and manufacturing sectors. The partnership aims to enable real-time data analytics and AI-powered decision-making for customers. (Source: Microsoft.com)
Flex's Expansion in India
- Flex announced the expansion of its manufacturing capabilities in India in December 2022, with the opening of a new facility in Chennai. The facility will produce a range of products, including automotive and industrial components. (Source: Flex.com)
Flex's Sustainability Initiatives
- Flex announced several sustainability initiatives in 2022, including a goal to reduce its carbon footprint by 50% by 2025. The company also launched a program to recycle electronic waste and reduce waste in its supply chain. (Source: Flex.com)
Flex's Financial Performance
- Flex reported strong financial results for the fourth quarter of 2022, with revenue up 14% year-over-year and net income up 21% year-over-year. The company attributed its strong performance to growth in its industrial and automotive businesses. (Source: Flex.com)
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