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NEWARK, NY -- IEC Electronics' fiscal first-quarter net profits plunged 75% to $239,000 on problems with a customer ramp and a broad-based softening in demand.

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LOS ALTOS, CA -- New US light vehicle production rose 19.9% year-over-year in 2012 to 10.4 million units, driving big gains in automotive electronics. But the joyride might be about to end, new research indicates.

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TOKYO -- Juki and Sony today announced the signing of a non-binding memorandum of intent to discuss the possible integration of their respective surface-mount technology equipment and related businesses. A new company is expected to be formed and a deal consummated by September.

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