BILLINGSTAD, NORWAY -- Kitron ASA today reported third-quarter revenues fell 5.2% year-over-year to NOK 346.6 million ($58.6 million) on weaker demand. EBIT fell 50% to to NOK 7.6 million, and net profit plunged 37% to NOK 3.2 million.
Foxconn Electronics on Monday held a groundbreaking ceremony for its new plants in this Western China city. Chairman Terry Guo was on hand to cite the area's transportation systems and geographic location, which are seen as advantages to making this a logistics hub for the region.
TORONTO – Celestica reported third-quarter revenue of $1.5 billion, down 5% year-over-year, within the firm’s previous guidance.
BANNOCKBURN, IL – IPC presented Committee Leadership, Special Recognition and Distinguished Committee Service Awards last week at SMTAI.
NEW YORK – The global automotive electronics market is expected to grow at a CAGR of 3.31% between 2012 and 2016, according to TechNavio.
SMEDEREVO, SERBIA -- PKC Group has signed a deal to open a wiring systems factory here. The new site will serve existing and potential new customers in Europe.
