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News

NEENAH, WI -- Plexus Corp. is headed to Romania. The EMS company has signed a deal to lease a 72,000 sq. ft. facility in Oradea, on the Hungary/Romania border, its first in the Eastern European nation.

MINNEAPOLIS – CyberOptics will lay off 24 employees and consolidate manufacturing in Minneapolis, the company said.

MINNEAPOLIS -- CyberOptics today said fourth-quarter sales plunged 55% year-over-year to $6.7 million as the economic slump hit the inspection equipment maker.

CHICAGO -- A federal judge has tossed out the Sherman Act claims in a dispute between Hon Hai Precision Industry (Foxconn) and Molex Inc. over a patent licensing contract between the two companies for a connector used with audiovisual equipment, but has let the other claims stand.

Judge Harry D. Leinenweber of the U.S. District Court for the Northern District of Illinois ruled this week that Hon Hai had not alleged sufficient facts to state a plausible claim.

KAOHSIUNG, CHINA -- Hon Hai Group plans to hire some 500 software engineers by May for jobs at its new site in the Kaohsiung Software Technology Park.

Hon Hai chairman Terry Gou has reportedly pledged a minimum NT$1 billion in investments to create 3,000 jobs for software engineers in five years.

Permission was recently been granted to 79 companies to locate in the park.