TAIPEI -- Hon Hai (Foxconn) will hire up to 15,000 new workers this year, primarily in Taiwan, according to published reports. The new hires won't be for the company's traditional manufacturing positions, however, a company spokesman told Reuters today.
BANNOCKBURN, IL – North American printed circuit board shipments decreased 7.5% year-over-year in January. Orders came in at 3.7% below the same month last year, says IPC.
SAN MATEO, CA – The total tablet market, inclusive of both tablets and 2-in-1 devices, is forecast to grow 19.4% in 2014, down from a growth rate of 51.6% in 2013, says IDC.
MINNEAPOLIS -- Nortech Systems today reported net sales of $29.3 million for the fourth quarter ended Dec. 31, up 17% over 2012. Net income slipped 12.7% to $241,000.
LAGUNA, PHILIPPINES — Integrated Micro-Electronics Inc. today announced that fourth-quarter revenues rose 19.1% to $198 million. Net income for the period was $745,000, up from $400,000 a year ago.
CANTON, MA – Two Boston area component assembly and their parent company filed for bankruptcy this week. MassMicroElectronics, a printed circuit board design and assembler, and AD-MicroAssembly, a design and component assembler, could be liquidated as a result, according to published reports.