JERUSALEM (Reuters) - Arie Levin envisions a time in the not too distant future where his micro electronics company, AVX Corp, may no longer have operations in Israel.
Due to a sharp appreciation of the shekel against the dollar, AVX, which was founded in 1972 and makes components for wireless products, has already shifted some of its thin film production from Jerusalem to the Czech Republic.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!