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MANKATO, MN -- Winland Electronics reported fourth-quarter net sales fell 18.8% to $7.5 million versus last year on lower demand from its top customer. Net income fell 86% to $7,000.

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TAIPEI -- Microsoft and H-P will establish a joint technology center in Taiwan, focused on investing in advanced software, hardware and improving technical support to its Taiwan partners. About 80% of the world's PCs are built in Taiwan.

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FRANKFURT -- Siemens AG plans to divest its Electronic Assembly Systems unit by the end of September, the company said today. The unit employs about 2,100 workers and had reported sales in the "medium three-digit million euros range," a German newspaper reported. Read more ...

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