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STOCKHOLM – EMS provider NOTE has acquired all shares in Oslo-based electronics manufacturer Norteam Electronics AS, the company said. Financial details were not disclosed. Read more ...
MEMPHIS -- Flextronics last night informed a local development board of its plans to invest $2 million in new and expanded electronics repair operations here.

The EMS company told the Memphis and Shelby County Industrial Development Board of plans to open a new facility a few blocks from its current site, on Holmes Rd. Furthermore, Flextronics will expand its existing site, the Memphis Business Journal reported.

Flextronics has earmarked $2 million for the projects, and add a reported 151 new jobs.

MOUNTAIN VIEW, CA – A just-released survey of some 85 senior-level executives at semiconductor companies finds a majority sees R&D and capital expenditures decreasing significantly next year.

As economic conditions and consumer spending continue to deteriorate, semiconductor executives are turning more pessimistic, and anticipate a steep decline in profitability during the next 12 to 18 months, says the consulting group that conducted the survey.
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