June 24, 2025
The United Nations Conference on Trade and Development (UNCTAD) published the World Investment Report 2025 on June 19, confirming that in 2024, Mexico remained in 11th […]
Hong Kong – VTech Holdings Limited (HKSE: 303) announced today that it has completed the acquisition of a production facility in Tecate, Mexico from QSC, LLC for manufacturing wood enclosure loudspeakers.
The acquisition was announced on 20 January 2021. In addition to manufacturing wood enclosure loudspeakers, it strengthens VTech Contract Manufacturing Services' leading position as a manufacturer of professional audio equipment. Furthermore, the acquisition of a manufacturing site outside Asia expands VTech's global footprint strategically and better serves the needs of its customers.
The transaction was completed on 1 April 2021 and was funded through internal resources.
Discover why Mexico is one of the key production sites for the automotive industry mexico and supply sector worldwide.
Source: www.vtech.com
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