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TORONTO -- Celestica's chief executive indicated the fourth-largest EMS company could potentially use some of its more than $1 billion in cash to buy other companies during the downturn.

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AESCH, SWITZERLAND -- SMT process equipment supplier Essemtec today said March sales were up 15% and "the bottom has been reached."

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MALMO, SWEDEN -- PartnerTech reported first-quarter net sales of fell 3% from a year ago to SEK 594.2 million (US$71.1 million).

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