News
MACAO, CHINA -- Nam Tai Electronics today announced that Chan Sze (Anthony) Chung has resigned as acting chief financial officer.
M.K. Koo has been appointed as executive chairman and chief financial officer. Koo is a founder of the Nam Tai Group and has served various senior executive positions over the years.
M.K. Koo has been appointed as executive chairman and chief financial officer. Koo is a founder of the Nam Tai Group and has served various senior executive positions over the years.
TAIPEI -- Hon Hai Precision Industry's (Foxconn) 2008 unconsolidated net profit fell 29% even as its unconsolidated revenue rose 19% to an all-time high of nearly NT$1.5 trillion.
For the year ended Dec. 31, the contract electronics assembler reported net profits of NT$55.13 billion ($1.59 billion) on sales of NT$1.47 trillion ($42.3 billion in today's dollars).
For the year ended Dec. 31, the contract electronics assembler reported net profits of NT$55.13 billion ($1.59 billion) on sales of NT$1.47 trillion ($42.3 billion in today's dollars).
OFAKIM, ISRAEL -- Flextronics
has begun layoffs of about 200 employees at its plant here, according to local reports.
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