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DURACH, GERMANY-- Another Top 50 EMS company is undergoing reorganization. SRI Holding, which includes SRI Radio Systems, filed for insolvency on July 5 in Kempton, Germany.

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STAMFORD, CT — Worldwide IT spending is on pace to reach $3.6 trillion in 2012, up 3% from 2011, according to the latest outlook by Gartner.

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DOWNERS GROVE, IL -- Dover Corp. lowered its 2012 full-year diluted earnings forecast, citing weakness in Europe and other vectors.

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WEYMOUTH, UK -- DEK is enhancing its franchisees’ capabilities in China and India with additional laser machines and other expertise.

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NEW YORK -- Global OEM connected car system penetration is expected to increase from the low teens to more than 60% over the next five years, new research says.

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TAIPEI -- Foxconn chief executive Cheng Tien (Terry) Cheng will step down July 31 due to health reasons, several media sites are reporting.

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