CHENNAI -- Sanmina-SCI workers here entered their second day of strikes over wages and health benefits, according to published reports.

CHENNAI – Delta Electronics has invested $60 million in overseas subsidiaries partly to build a manufacturing plant in India and to penetrate the Australian market.

Delta said about $13 million would be spent to build the new factory for Delta India Electronics, producing solar inverters in Chennai, and to support its working capital.

The plant will take eight months to build and operations are scheduled to begin before the final quarter of this year.

Also, a budget of $22 million has been approved for an R & D equipment investment at Delta Energy Systems, a subsidiary in Germany.

Delta reported a net profit of 4.15 billion baht last year, up 47% from 2009. Net sales rose 24% to 35.73 billion. In the final quarter, net profit dropped 27% year-over-year to 520 million baht, as revenue increased 25% to 9.5 billion.

NORTH YORK, ONTARIO – EMS firm ZTEST Electronics is offering shares in the company in an effort to raise funds.

The placement will be for up to 1.8 million units at $0.075 per unit, or $135,000 total. Each unit is comprised of one common share and one-half a share purchase warrant, with each full share purchase warrant entitling the holder to acquire a common share of the corporation at $0.10 for five years following closing.

ZTEST will pay a 4% cash finder’s fee on the gross proceeds raised in the offering.

J.T. Risty Ltd., an insider of the corporation, intends to subscribe for up to one million units of the offering for proceeds of up to $75,000. Risty currently owns 745,790 common shares, 14.2% of the firm. As a result of this proposed transaction, Risty will hold up to 27.88% of outstanding capital of nearly 6.3 million common shares.

Insiders other than Risty may subscribe for up to 800,000 units for up to $60,000.

CUPERTINO, CA -- Apple this week is again addressing concerns over its role in the spate of suicides at its largest manufacturing supplier.