BEIJING -- Microsoft's attempt to invest in a Chinese electronics manufacturer was blocked by the China Security Regulatory Commission as accusations of insider trading abound.
HELSINKI -- Elcoteq will restructure its operations, selling certain underperforming plants and improving its materials management in hopes of cutting $101.5 million to $116 million from its annual operating costs, the EMS firm said Thursday.
YANTAI, CHINA -- Foxconn this week claimed a fire on its Yantai PWB campus has not disrupted production.
However, a Commercial Times report claimed the fire destroyed more than one-third of the Yantai plant's capacity, a reported monthly output of 2.6 million sq. ft.