HONG KONG -- VTech Holdings' EMS unit reported sales rose for its fiscal first-half ended Sept. 30, led in part by higher demand for contract assembly work.
MINNEAPOLIS -- Nortech Systems' third-quarter net income and sales slowed on mixed demand from certain end-markets.
TEL AVIV, ISRAEL -- Tessera Technologies will close its plant here and sell another in North Carolina due to falling profits at its digital optics business.
NELSON, BC -- Pacific Insight Electronics swung to a September quarter profit on a big jump in sales.
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ANSEONG, SOUTH KOREA — Mirtec has completed an 15,250 sq. ft. expansion to its manufacturing facility here, raising the AOI firm's annual capacity by 150%.
SAO PAOLO, BRAZIL -- A Hon Hai (Foxconn) subsidiary has acquired a 350-acre site outside Sao Paolo for $12.6 million and is planning a massive expansion there.
BILLINGSTAD, NORWAY -- Kitron ASA named Israel Losada Salvador chief operating officer, effective Feb. 1, 2013.
MINNEAPOLIS --
Micro-tier EMS HEI said a rise in third-quarter sales wasn't enough to keep the company in the black.NEW YORK – In remarks during its Analyst Day here this morning, Sanmina tightened its expectations for growth rates and operating margins during its next fiscal year as end-markets remain challenging.
LOGAN, UTAH – Thomas Carlin has succeeded Blake Kirby as CEO of Inovar, the company announced today.
CHANG'AN, DONGGUAN, CHINA -- PartnerTech today inaugurated its new surface mount and box build factory here, the company's first in China.
BAKERSFIELD, CA – NuSil Technology says it has completed the fourth phase of an expansion at its facility here.