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.
SAN
FRANCISCO – Flextronics and Solectron are being
sued for allegedly violating federal and state labor laws governing overtime
pay. The suit alleges the EMS companies paid employees by their shift time,
rather than for time actually worked.