Since there is no asset listed for a plant in China, I have assumed they bought capacity, not property. They probably paid for the specific tooling and buildout, but I believe that would show as an expense item and not a capital one, especially if they don't actually own the facility. I could be wrong, but I believe the PR said they "opened" a facility, not they "purchased" a facility.
It would also make sense from a cost perspective. While they would have been on the hook for their specific tooling, the labor would be variable as orders fluctuate. Farming out the labor to a third party would be prudent with that variability. Why take on the overhead of hiring EEs when you can just pay for what you need?
News 
Market Data 
Discover 
