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TAIPEIMiTAC International reported preliminary January revenue of NT$3.5 billion, down 37% year-over-year.
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EL SEGUNDO, CA -- The ongoing slump in electronics demand has prompted iSuppli to further cut its growth expectations for EMS and ODM companies.

The research firm lowered its forecast to a 9.9% drop for 2009, to $270.8 billion. That's a revenue drop of nearly $30 billion from 2008.

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TAIPEI -- Foxconn Electronics reported non-consolidated January revenues of $2.77 billion, down 12.1% year-over-year and 24.4% from December.
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