PLANO, TX – Flextronics will cut more than 165 workers and consolidate two area EMS plants into one, according to published reports.

SCOTTSDALE, AZ – Revenues associated with network communications, sensing, and control functions in subsystems and objects attached to the Internet of Things (IoT) are forecast to grow 29% in 2015 to $62.4 billion. The jump follows a 21% gain in 2014, adds IC Insights, which released the figures.

NORTH TYNESIDE, ENGLAND -- Optoelectronics designer Vreo will open a plant here and add surface mount manufacturing to its service offerings.

BETHESDA, MD — Lockheed Martin will buy Sikorsky Aircraft for $9 billion, the companies announced today.