BILLINGSTAD, NORWAY – Flextronics International will shut down its electronics assembly plant here, affecting 88 employees, according to reports.
The move is a result of poor earnings and a substantial order cancellation.
The facility will be phased out during the next three months, and current production will move to other locations.
SHANGHAI -- Hon Hai Precision Industry (Foxconn) will build two industrial parks in Liaoning Province, in Northeast China.
EL SEGUNDO, CA -- The global outsourced manufacturing industry sits at a crossroads heading into 2011, according to research firm iSuppli.
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