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MILPITAS, CA – Lenthor Engineering reported fourth quarter revenue of $6.4 million, an increase of 3.2% year-over-year.

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LOUISVILLE, KY – Sypris Electronics reported revenue of $4 million in the fourth quarter of 2016, down 55% year-over-year, reflecting the impact of the sale of Sypris Solutions’ Cyber Security Solutions business. Gross profit was a loss of $1.2 million, compared to profit of $300,000 for the same period the prior year.

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LIVINGSTON, SCOTLAND -- Jabil Circuit will close its EMS plant here by year end and lay off more than 150 workers, the company said. 

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NIS, SERBIA -- Integrated Micro-Electronics (IMI) has igned an agreement whereby the Serbian government will pay it about $7,300 for each of the more than 1,200 employees it plans to hire at its plant in Nis.

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CAMBRIDGE, UK – Stretchable electronics will become a $600 million market by 2027, says IDTechEx.

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SRI CITY, ANDRA PRADESH, INDIA -- Xiaomi will open a second manufacturing unit here in concert with Foxconn, its main ODM, the company said this week.

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