Circuits Assembly Online Magazine - Features

HELSINKI -- Elcoteq will restructure its operations, selling certain underperforming plants and improving its materials management in hopes of cutting $101.5 million to $116 million from its annual operating costs, the EMS firm said Thursday.

YANTAI, CHINA -- Foxconn this week claimed a fire on its Yantai PWB campus has not disrupted production.

However, a Commercial Times report claimed the fire destroyed more than one-third of the Yantai plant's capacity, a reported monthly output of 2.6 million sq. ft.

SAN FRANCISCO – Flextronics and Solectron are being sued for allegedly violating federal and state labor laws governing overtime pay. The suit alleges the EMS companies paid employees by their shift time, rather than for time actually worked.

SAN JOSE – “A year that started with great promise of bipartisan action to enhance American competitiveness in the global economy appears about to end with no significant action on any of the key elements,” said Semiconductor Industry Association president George Scalise. “To say that we are keenly disappointed would be a huge understatement.”

BANNOCKBURN, IL – November PWB orders climbed 11.8% year-over-year in North America, while shipments fell 9.1%, IPC said today. The book-to-bill fell 0.02 points to 1.06, remaining in positive territory for the ninth straight month.

ESPOO, FINLAND – Elcoteq SE, one of the world’s largest EMS firms, will restructure its organization into three business units – Personal Communications, Home Communications and Communications Networks. The moves are effective Jan. 1.

The business units will have dedicated customer accounts and operations, and supply chain management.

Anssi Korhonen is president, Personal Communications, Vesa Keränen is president, Home Communications, and Tommi Pettersson is president, Communications Networks.

Joining them on Elcoteq’s management team are president and CEO Jouni Hartikainen, COO and deputy CEO Jukka Jäämaa, and CFO Mikko Puolakka;

The company had announced in October it would change its business structure in order to streamline its operations.