TAIPEI – Hon Hai, parent company of Foxconn, posted revenue of $7.35 billion for September, up 3.4% sequentially, and down 12.5% from a record high in the same month of 2010.
DUBLIN – The worldwide electronics assembly market is nearly $1 trillion in terms of cost of goods sold as of 2010, according to Research and Markets.
The firm says the market is expanding rapidly, but is changing in composition in terms of outsourcing partnerships and in-house manufacturing. Moves are being made annually with regard to the manufacturing country of origin based on total cost.
Research and Markets says it has added The Worldwide OEM Electronics Assembly Market - 2011 Edition directory to its offering.
BANGKOK -- So called "50-year floods" have forced the closure of seven industrial parks (estates) in Ayutthaya, Nonthaburi and Pathum Thani provinces bordering Bangkok. Approximately 375 citizens have died and 650,000 people have been temporarily displaced from work. Concerns remain pending the high tides expected next week.