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SALO, FINLAND — Nokia plans to close operations in three countries and lay off nearly 19% of its workers by the end of next year as it tries to reduce its enormous red ink.

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EL SEGUNDO, CA -- The global hard disk drive industry surged to record revenue in the first quarter, thanks to higher average selling prices that compensated for the wreckage and loss in shipments left by the October floods in Thailand, according to an IHS iSuppli report.

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EL SEGUNDO, CA -- Obsolete parts have accounted for slightly more than half of all counterfeit-part reports during the last 10 years, highlighting the critical importance of obsolescence management for the electronic supply chain, according to information researcher IHS.

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