ST. PETERSBURG, FL-- Jabil Circuit's fiscal first quarter profit
climbed 38% on strong demand for consumer electronics and telecom gear. For November quarter, Jabil earned $76.9 million, up from $55.9 million a
year ago.
Revenue rose 31% percent to $2.4 billion from $1.83 billion last year.
TIMISOARA, Romania – Solectron has opened a Design and Engineering Services Center in Timisoara, its largest European facility. The added capabilities will enable electrical and mechanical design, advanced process technology, leading edge test development and failure analysis.
Solectron is the largest private employer in the Timisoara region. The site serves major OEMs in computer, telecommunications, digital consumer and industrial markets.
LOUISVILLE -- Sypris Solutions Inc.,
a provider of
EMS services, lowered its forecast for the fourth quarter, blaming customer inventories, and delayed shipments and higher-than-expected labor costs.
Sypris today updated its fourth-quarter guidance to breakeven to a loss of 5 cents per share, down from 12 to 15 cents per share. The company forecast sales of $133 million to $135
million, down from previous guidance of $135 million to $140 million for the quarter.