NORWOOD, MA – LTX Corp., maker of semiconductor testing equipment, said it will move manufacturing of X-Series test systems to Malaysia from Billerica, MA.
 
The company expects to complete the move to Jabil Circuit's Penang facility by August 2008.
 
LTX has been outsourcing with Jabil since 2001.
 

VANCOUVER – EMS firm PTL Electronics reported revenue grew 76% to $15.8 million for its fiscal year ended March 31. Net income grew 71%, to just over $1 million, from $565,714 last year.
 
PTL has a backlog of approximately $5 million in purchase orders scheduled for fulfillment by the end of the current quarter, compared to revenue of $3.2 million the same quarter last year.
 
PTL was acquired last year by Moventis Capital Inc.

MILPITAS, CA – Solectron Corp. has expanded its Shanghai product development facility, and expects to hire more than 100 engineers to help provide complete product development services for OEMs of telecommunication, computing, storage and consumer electronics products.
 
The company didn’t disclose the size of the facility.
 
By locating product development and manufacturing in close proximity to its Suzhou and Shenzhen locations, Solectron says it can provide customers with system-level design, new product introduction and full-volume production capabilities throughout China.