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OFAKIM, ISRAELFlextronics said it would receive credit insurance to insure its $85 million contract with communications equipment maker ECI Telecom.

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MINNEAPOLIS – Mike Bixenman of Kyzen won the SMTA International Best of Conference Award for his presentation “High Speed Cleaning in a Reduced Manufacturing Footprint.”

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FRAMINGHAM, MA – Worldwide PC shipments totaled 89.8 million units in the fourth quarter, down 6.4% from 2011, International Data Corp. said.

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TAIPEI -- Foxconn Electronics (Hon Hai) reported December non-consolidated revenues rose 13.9% over last year to NT$360.944 billion ($12.4 billion). 

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ANGLETON, TXBenchmark Electronics said it expects to report fourth-quarter 2012 revenue slightly above the high end of guidance.

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TORONTO -- An unspecified number of Canadian military transport planes have counterfeit Chinese electronics in their cockpit displays, a new CBC News report asserts. The report could prove embarrassing to Canadian defense officials, who have denied the presence of such parts, CBC News says.

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