News
TAIPEI -- Foxconn Electronics reported November revenues rose 1% year-over-year to NT$134.9 billion (US$4.05 billion). Sales were down 20% from October, however.
The EMS/ODM company's year-to-date revenues hit NT$1.35 billion ($40.6 billion), up 24.22% year-over-year.
LUXEMBOURG – Top tier EMS firm Elcoteq has scheduled a round of statutory cooperation procedure talks in Finland.
"The company estimates that the need for possible personnel reductions in Finland could apply to at most about 50 people across all employee categories," the company said in a statement.
The news comes on the heels of an announcement of the shuttering of the company's manufacturing plant in Salo, Finland. That move cost 36 employees their jobs.
Elcoteq currently has roughly 21,000 employees worldwide, approximately 180 in Finland.
ARLINGTON, VA – Electronic component orders took a dip in November, although not nearly as drastic as the one in September, says the Electronic Components Association. The 12-month average, comparing this year’s results to those from 2007, continued the slight descent that began this summer.
