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OFAKIM, ISRAELFlextronics said it would receive credit insurance to insure its $85 million contract with communications equipment maker ECI Telecom.

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MINNEAPOLIS – Mike Bixenman of Kyzen won the SMTA International Best of Conference Award for his presentation “High Speed Cleaning in a Reduced Manufacturing Footprint.”

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FRAMINGHAM, MA – Worldwide PC shipments totaled 89.8 million units in the fourth quarter, down 6.4% from 2011, International Data Corp. said.

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TAIPEI -- Foxconn Electronics (Hon Hai) reported December non-consolidated revenues rose 13.9% over last year to NT$360.944 billion ($12.4 billion). 

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ANGLETON, TXBenchmark Electronics said it expects to report fourth-quarter 2012 revenue slightly above the high end of guidance.

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TORONTO -- An unspecified number of Canadian military transport planes have counterfeit Chinese electronics in their cockpit displays, a new CBC News report asserts. The report could prove embarrassing to Canadian defense officials, who have denied the presence of such parts, CBC News says.

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SOUTH PLAINFIELD, NJCookson Group’s Alpha and Enthone businesses have become part of the newly formed Alent plc.

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MEDWAY, MA -- Gunter Erdmann, the former president of MPM, has died. He was 73.

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MANASSAS, VAZestron is presenting the first in a 10-part cleaning webinar series: “Why Clean PCBs.”

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SAN JOSE – Growing demand for mobile devices, such as tablets and phones, inspires an improved outlook for chip sales in 2013, according to SEMI’s latest World Fab Forecast.

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SHENZHEN -- Chinese authorities are investigating Foxconn Technology Group for possible bribe-taking, the EMS company acknowledged today.

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BILLINGSTAD, NORWAY -- Kitron's chief financial officer has resigned, effective by the end of July.

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