SINGAPORE – Singapore’s industrial output grew 12.4% year-over-year in July, as the key electronics sector continued to recover.
Singapore’s electronics manufacturing output dropped 5.6% for the month, a big improvement on the 19.2% drop in June.
Sequentially, industrial output grew a seasonally adjusted 23%; this contrasts with a revised 9% drop seen in June.
Year-to-date, industrial output fell 10.3% compared to the same seven months in 2008.
ST. LOUIS-- Northrop Grumman has awarded LaBarge Inc. $2.6 million in add-on orders for electronics subsystems for the Multi-role Electronically Scanned Array radar.
ST. PAUL, MN – Accu-Tronics Manufacturing Inc., a contract assembly based here, has gone out of business and is selling its assets.
JUAREZ, MEXICO – LG Electronics selected Flextronics to manufacture LCD TVs at its Juarez, Mexico facility, the company said today.
TAIWAN – Foxconn Electronics (Hon Hai Precision Industry) is denying rumors it would acquire Sony's LCD TV plant in Mexico.