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GLENVIEW, ILIllinois Tool Works reported third quarter revenues of $4.5 billion, down 1.7%.

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ELKHART, IN -- CTS reported third quarter EMS sales fell $15.2 million, or 20%, year-over-year, on customer delays, particularly in the defense and aerospace and communications markets.

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SANTA CLARA, CA – Low-cost smartphone shipments are forecast to double every year from 2010 to 2016, increasing from 4.5 million to 311 million, says NPD DisplaySearch.

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SAN JOSE -- Stung by a large drop in revenue and trying to meet stated goals for margins, Flextronics is planning another round of layoffs and factory closings.

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COPENHAGEN -- The European Commission has proposed to provide Denmark with more than one million euros to help workers laid off by Flextronics' Denmark subsidiary.

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GARBSEN, GERMANY -- The Institute of Technical Education in Singapore, Hakko and LPKF Laser & Electronics have signed an agreement to collaborate on training printed circuit board manufacturers.

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