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BEIJING -- Microsoft's attempt to invest in a Chinese electronics manufacturer was blocked by  the China Security Regulatory Commission as accusations of insider trading abound.

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HELSINKI -- Elcoteq will restructure its operations, selling certain underperforming plants and improving its materials management in hopes of cutting $101.5 million to $116 million from its annual operating costs, the EMS firm said Thursday.
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YANTAI, CHINA -- Foxconn this week claimed a fire on its Yantai PWB campus has not disrupted production.

However, a Commercial Times report claimed the fire destroyed more than one-third of the Yantai plant's capacity, a reported monthly output of 2.6 million sq. ft.
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SAN FRANCISCO – Flextronics and Solectron are being sued for allegedly violating federal and state labor laws governing overtime pay. The suit alleges the EMS companies paid employees by their shift time, rather than for time actually worked.

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SAN JOSE – “A year that started with great promise of bipartisan action to enhance American competitiveness in the global economy appears about to end with no significant action on any of the key elements,” said Semiconductor Industry Association president George Scalise. “To say that we are keenly disappointed would be a huge understatement.”

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BANNOCKBURN, IL – November PWB orders climbed 11.8% year-over-year in North America, while shipments fell 9.1%, IPC said today. The book-to-bill fell 0.02 points to 1.06, remaining in positive territory for the ninth straight month.


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