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MORGAN HILL, CA – Flextronics has signed a lease on a 155,520 sq. ft. building in a local business park and will hire 400 workers to build solar panels.
 
Flextronics officials signed a seven-year sublease for the building. Plans call for workers to begin in 30 to 45 days, the park development director said.
 
The building is located in the Madrone Business Park.
 
SHENZHEN – Wong’s Kong King International reported first-half revenues of HK$2.3 billion ($295 million), up from HK$1.99 billion ($256 million) last year. The operating profit was HK$102 million, up from HK$96 million. The net profit rose to HK$66.7 million, up 20.7%.
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SAN JOSE – North America-based manufacturers of semiconductor equipment posted $884 million in orders in August and a book-to-bill ratio of 0.83, says SEMI. It marks the lowest 90-day average order level since 2003.
 
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