SAN JOSE – Flextronics reported fourth-quarter net sales were $6.7 billion, up 27% year-over-year, above previous guidance.
NEWARK, NY – Higher revenues helped lower the net loss at IEC Electronics, which reported second-quarter fiscal 2014 revenue of $34.8 million, up 3.3% year-over-year. The EMS firm posted a net loss of $569,000 for the period ended Mar. 28, compared to a net loss of $1.1 million in the same quarter last year.
HAWTHORNE, CA – OSI Systems reported fiscal third-quarter revenues ended Mar. 31 of $204 million, up 3% year-over-year.
BANNOCKBURN, IL — Total North American printed circuit board shipments increased 4.8% year-over-year in March, with year-to-date shipments down 0.8%, says IPC.
WASHINGTON -- A pair of Securities and Exchange Commission commissioners yesterday called for a halt on conflict minerals reporting, citing First Amendment concerns identified by a circuit court.
PALO ALTO, CA AND TAIPEI — HP and Foxconn today announced a joint venture agreement to create a new line of cloud-optimized servers specifically targeting service providers. The move marks the latest agreement between the computer OEM and one of its largest manufacturing partners.