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KUALA LUMPUR -- Net income at electronics manufacturing services provider VS Industry jumped 38.7% year-over-year to RM66.67 million ($16.5 million) in the period ended Oct. 31.

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ZANDT, GERMANY – Zollner Elektronik CEO Johann Weber will retire on Jan. 1 but will remain a member of the supervisory board.

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HAMBURG, GERMANY – After a review of the market and its personnel, Scanfil has decided to shutter its electronics assembly factory here. The EMS company will take one-time restructuring charges of approximately €6 million in the fourth quarter as result of the closing.

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