ATLANTA -- Companies that currently import into the EU are implicitly
declaring RoHS compliance. This was the message conveyed by Steve Andrews, head
of the eco-design and product registration unit with the UK Department of Trade
and Industry. European countries are taking self-declarations on good faith;
there is no visible mandate, according to Andrews.
Andrews and others spoke on RoHS issues last week in a
special Webcast on due diligence and environmental compliance. The presentation
focused on laws in place in the EU and pending in China.
TAIPEI -- Hon Hai Precision Industry Co., the parent company of Foxconn, will report a 38% hike in profits for its recently completed quarter, according to a polling of financial analysts.
Hon Hai is expected to post a net profit of T$15.28 billion ($460 million) for the September quarter, up 19.7% sequentially. Results are due early next week.
TORONTO -- Celestica Inc. reported third-quarter revenue climbed 20% to $2.4 billion but its net loss rose 119% to $42.1 million versus a year ago. Consumer sales were strong, and other segments were solid, the firm said.
For the quarter ended Sept. 30, the EMS company took restructuring charges of $82 million.