News
ST. PETERSBURG – Workforce reductions will hit Jabil Circuit’s headquarters next month as the Top Tier EMS firm will axe some 150 employees, or roughly 7.5% of the site’s staff, a local paper is reporting.
NEW YORK -- Alcatel-Lucent
is pulling most of its production now outsourced to Celestica,
Flextronics and Sanmina-SCI back in house, Credit Suisse analysts are reporting.
The move will take nearly $2 billion out of the hands of the major contract assemblers. Instead, production will take place at Alcatel Shanghai Bell.
The move will take nearly $2 billion out of the hands of the major contract assemblers. Instead, production will take place at Alcatel Shanghai Bell.
JASPER, IN – The economic decline will shakeup the OEM programs sought by EMS companies, Kimball International's top executive said.
"The financial crisis and the economic slowdown will cause those companies larger than we are to push down and to try to serve our space. It will bring more margin pressure in our markets," Kimball president and chief executive Jim Thyen said on the company's quarterly conference call with analysts.
"The financial crisis and the economic slowdown will cause those companies larger than we are to push down and to try to serve our space. It will bring more margin pressure in our markets," Kimball president and chief executive Jim Thyen said on the company's quarterly conference call with analysts.
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