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Could The Market Be Wrong About Flex Ltd. (NASDAQ:FLEX) Given Its Attractive Financial Prospects?![img](/img/external-link.svg)
Flex (NASDAQ:FLEX) has had a rough three months with its share price down 9.5%. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term. Particularly, we will be paying attention to Flex's ROE today. Return on equity (ROE) is a measure of a company's profitability. The higher the ROE, the higher the growth rate of the company's earnings.
Chromebooks haven't made a dent in India, but that might be about to change![img](/img/external-link.svg)
Google is teaming up with HP to make the best Chromebooks locally. The notebooks will be made at Flex's manufacturing facility near Chennai. The move allows Google to price Chromebooks much more aggressively in the region.
India tax dept searches offices of Apple supplier Flex...![img](/img/external-link.svg)
India's income tax department conducted searches at the premises of Apple supplier Flex. Income tax officials have visited the Chennai factory as part of the inquiry.
Income Tax Raids At Apple Supplier's Factory In Chennai: Report![img](/img/external-link.svg)
Income tax officials have visited the Chennai factory as part of the inquiry. Flex has yet to be informed about the purpose of the visit, a source said.
App-based firms: Worker-classification regulation should wait on confirmed Labor secretary ![img](/img/external-link.svg)
The group, Flex, has opposed Acting Labor Secretary Julie Su’s nomination to the permanent role. Flex represents app-based companies including DoorDash, Grubhub, Instacart, Lyft and Uber.
Trade group challenges Biden administration over Su’s Labor authority![img](/img/external-link.svg)
Flex, the trade group for app-based companies including DoorDash, GrubHub, Lyft and Uber, argued in a letter on Monday that any rules and regulations issued while Julie Su is acting secretary don’t have political legitimacy or constitutional authority. The administration argues Su has legal authority to issue regs under Labor Department rules.
Watch live: Biden delivers remarks on the economy from South Carolina![img](/img/external-link.svg)
Biden is slated to announce that private companies have invested more than $500 billion in manufacturing and clean energy during his administration. The president will highlight a new manufacturing partnership between solar and battery firm Enphase Energy and manufacturing firm Flex.
Biden to announce clean energy manufacturing investment in South Carolina![img](/img/external-link.svg)
President Joe Biden will announce a "major clean energy manufacturing investment" Biden is expected to discuss jobs created by a partnership between Enphase Energy and Flex. Enphase is investing more than $60 million to open six manufacturing lines in the U.S.
Biden to tout $500 billion invested in manufacturing and clean energy during his presidency![img](/img/external-link.svg)
Biden is expected to highlight a new manufacturing partnership between solar and battery firm Enphase Energy and manufacturing firm Flex. The White House also knocked Republicans who represent the state in the U.S. House and Senate, citing their votes against key pieces of legislation that were expected to spur climate-friendly energy.
India kicks off a pilot to become electronics repair capital of the world![img](/img/external-link.svg)
New Delhi aims to generate revenue of up to $20 billion through outsourced repair services. Flex, Lenovo, CTDI, R-Logic and Aforeserve will participate in the program. India has started to attract firms such as Apple and Samsung to build hardware.
India to lure manufacturers with electronics repair pilot project![img](/img/external-link.svg)
India will start a pilot project this week to establish itself as an electronics repair hub. The move could draw tech majors such as Flex (FLEX.O) to expand such operations. India lacks an industry for repair outsourcing which is estimated to be worth $100 billion globally.
India to lure manufacturers with electronics repair pilot project![img](/img/external-link.svg)
India will start a pilot project this week to establish itself as an electronics repair hub. The move could draw tech majors such as Flex to expand such operations in the country. Prime Minister Narendra Modi has promoted electronics manufacturing in India.
India to lure manufacturers with electronics repair pilot project![img](/img/external-link.svg)
India will start a pilot project this week to establish itself as an electronics repair hub. The move could draw tech majors such as Flex to expand such operations in the country. Prime Minister Narendra Modi has promoted electronics manufacturing in India.
India to lure manufacturers with electronics repair...![img](/img/external-link.svg)
India will start a pilot project this week to establish itself as an electronics repair hub. The move could draw tech majors such as Flex to expand such operations in the country. Prime Minister Narendra Modi has promoted electronics manufacturing in India.
India to lure manufacturers with electronics repair...![img](/img/external-link.svg)
India will start a pilot project this week to establish itself as an electronics repair hub. The move could draw tech majors such as Flex to expand such operations in the country. The country still lacks an industry for repair outsourcing.
Julie Su’s confirmation would harm restaurants and app workers![img](/img/external-link.svg)
Julie Su is nominated to lead the U.S. Department of Labor. The National Restaurant Association and Flex oppose her nomination. They say Su has taken a firm stance against entrepreneurship and flexibility.
HP To Further Boost Its Local Manufacturing Footprint In India: CEO Enrique Lores![img](/img/external-link.svg)
HP Inc is bullish on manufacturing its next-gen range of products locally in India. The company manufactures multiple models of laptops, desktop towers, mini desktops at the Flex facility in Sriperumbudur near Chennai, Tamil Nadu.
HP To Further Boost Its Local Manufacturing Footprint In India: CEO Enrique Lores![img](/img/external-link.svg)
HP Inc is already manufacturing multiple PC products, including laptops in India. The company manufactures multiple models of laptops, desktop towers, mini desktops at the Flex facility in Sriperumbudur near Chennai, Tamil Nadu.
‘Ciena to invest$100 million for manufacturing in India’ | Mint![img](/img/external-link.svg)
Ciena Wireless will invest up to $100 million over the next three to four years to locally design and manufacture equipment for domestic consumption and for exports. The company has partnered with contract manufacturer Flex for Make in India.
‘Ciena to invest $100 million for manufacturing in India’ | Mint![img](/img/external-link.svg)
Ciena Wireless, a global market leader in optical and routing systems used by carriers and content providers, will invest up to $100 million over the next three to four years. The company has partnered with contract manufacturer Flex for Make in India.