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SZEKESFEHERVAR, HUNGARY -- Videoton Holding is forecasting revenues to drop more than 20% this year.

Videoton, the largest EMS firm in Hungary and the 27th largest worldwide, according to the CIRCUITS ASSEMBLY Top 50, said volumes would fall 30 to 40% for the year.

 It has trimmed its employment rolls by 800 in the past year and is contemplating more cuts, according to reports.

Videoton's sales are largely derived from automotive (50%), household appliances (20%) and industrial electronics (10%).

TAIPEI – Almost every major Taiwanese electronics maker reported month-on-month gains in March.
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FT. WORTH, TX -- Foxconn's new manufacturing plant here will build PCs for Nokia, according to several published reports. Read more ...
JUAREZ, MEXICO -- A 900,000-square-foot building partially occupied by Foxconn was destroyed in a fire this week. Read more ...

ST. PETERSBURG, FLVerigy Ltd. has restructured its global manufacturing services deal with Jabil Circuit to include a three-year program under which Jabil will design, build and ship semiconductor test gear.

 

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BURLINGTON, VT – There are few surprises on the list of the largest 10 EMS companies published today by Manufacturing Market Insider.

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