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SAN JOSE -- Flextronics is analyzing the potential effects of Nortel’s impending bankruptcy on the EMS company’s finances and operations.

The contract assmbler has contracted with Blackstone Group as a financial adviser to study the impact, the company revealed.

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SAN JOSE – The MicroElectronics Packaging and Test Engineering Council has named Ronald Steger, partner-in-charge of global semiconductor practice, KPMG, as keynote speaker for its Feb. 19 symposium in San Jose.
 
In his presentation, The Consumer Electronics Boom - How Semiconductor and Consumer Electronics Companies Can Improve Cost, Time-To-Market and Product Quality, Steger will provide analysis of survey results, with a particular emphasis on time-to-market and cost-reduction initiatives.
 
Other topics at the symposium, titled Semiconductor Packaging – Impacting the Age of Consumer Electronics, include time-to-market and consumer semiconductor packaging; cost-of-ownership challenges for consumer products; solutions for consumer product miniaturization, and advancing technologies for consumer electronics.
 
ELKHART, INCTS Corp. today reaffirmed its financial guidance for full-year 2008 sales, expected to be essentially flat from 2007.
 
CTS will release earnings for the fourth quarter and 2008 on Jan. 28.
 
CTS designs and manufactures electronic components and sensors, and is a provider of EMS to OEMs in the automotive, computer, communications, medical, defense and aerospace and industrial markets.
 

LOUISVILLE -- A Flextronics subsidiary will lay off about 150 workers here, according to a state filing.

Flextronics Global Services, which employed 940 staffers as of 2007, repairs cellphones, bar code readers and home electronics.

ST. PETERSBURG, FL -- Jabil Circuit today reported fiscal first quarter revenues of $3.38 billion, basically flat versus last year. The company's gross profits slipped to $223.7 million from $239.7 million in the year ago quarter.

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SAN FRANCISCO -- Seagate Technology dumped its top two executives and will lay off 800 others in the US, the company said Monday.
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