EL SEGUNDO, CA – Nokia’s decision to move production in-house will rob the EMS industry of more than $5 billion in revenues, according to iSuppli.
HORTEN, NORWAY -- Top 40 EMS firm Kitron will close its plant here and lay off 15 employees, according to published reports.
TWEEDBANK, SCOTLAND -- Plexus will open a 25,000 sq. ft. manufacturing site here and with a staff of up to 50 once the plant goes live later this year.
MONTREAL -- The global market for electronics manufacturing services will grow at an 8.5% CAGR through 2014, according to new market research.
HELSINKI -- Nokia Corp. became the second major telecom provider to announce plans to pull in certain assembly programs from its EMS partners.
WASHINGTON -- A House committee has approved a funding bill for research into ways to cut electronics waste and mitigate its environmental impact.
COLONIE, NY -- PVA will relocate its US operations by July to a 115,000 sq. ft. facility here, approximately 5 miles south of the old site.
ARMONK, NY -- IBM will lay off 5,000 workers in its services divisions in the US, the Wall Street Journal reported today, citing an IBM manager.
PALO ALTO, CA -- Agilent will lay off 2,700 workers as part of a major restructuring of its Electronic Measurement and Test businesses in response to a sustained 30% reduction in demand.
ST. PETERSBURG, FL -- Jabil reported second-quarter revenues fell 5.5% to $2.89 billion. The net loss was $42.1 million, down from a loss of $24 milion a year ago.