Financial PositionIdentiv ended with a strong cash position of $146M, with a clear capital allocation plan including organic investments, strategic M&A, working capital, and a buyback.
Manufacturing And ProductivityThe manufacturing transition from Singapore and Thailand remains largely on track, with expectations to reach full productivity in Thailand soon.
Strategic GrowthIdentiv remained bullish on organic and inorganic growth opportunities and was optimistic about its position within RFID, NFC, HF, and BLE technology.