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DUBLIN, IRELAND -- The worldwide electronics manufacturing services market expanded 1.6% in 2012, well below the previous two years, according to a new research report. The industry continues to be characterized by inventory build-ups and supply chain anomalies, says Research and Markets, noting that 2010 growth was 37%, followed by an 11.3% jump in 2011.

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SAN JOSE -- Bay area EMS firm Bestronics has promoted Nat Mani to chief executive, superseding cofounder James Choe, who is retiring. Mani has been president of the company since 2012.

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AESCH, SWITZERLANDEssemtec has been purchased by private investors with an industrial background.

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