SAN JOSE, CA – Flextronics reported fiscal fourth quarter net sales ended Mar. 31 of $5.95 billion, down 11.5% year-over-year, slightly below guidance of $6 billion to $6.4 billion.

SAN JOSE, CA – Flextronics has entered into an agreement to acquire Mirror Controls International from private equity firm Egeria.

AUSTIN, TX -- Apple leveraged its smartphone design for its new watch, but added certain aspects not seen in the iPhone, a new teardown reveals.

BANNOCKBURN, IL – Total North American printed circuit board shipments decreased 0.9% in March compared to the same month in 2014. Year-to-date shipments are down 1.3%, says IPC.

SPOKANE, WA -- Key Tronic reported fiscal third-quarter profit of $1.9 million, up from $1.6 million a year ago.

TORONTO -- SMTC reported first-quarter revenue fell 16% from last year to $48.7 million on reduced volumes from two large prior customers, partially offset by increased revenues from existing customers and a new customer.

BALTIMORE -- Zentech Manufacturing has acquired Fredericksburg, VA-based Colonial Assembly & Design for an undisclosed sum.

HAWTHORNE, CA – OSI Systems reported fiscal third quarter revenues ended Mar. 31 of $215.4 million, up 6% year-over-year. Net income was $13.2 million, an increase of 175% compared to the fiscal third quarter of 2014.

BANNOCKBURN, IL – US electronics executives are calling on Congress to provide robust funding for the new National Network for Manufacturing Innovation (NNMI).

EDINA, MN – SMTA is seeking abstracts for a new conference on LEDs. The LED Assembly, Reliability and Testing Symposium takes place in November in Atlanta.

COLOMIERS, FRANCE --Airbus is contemplating the sale of certain electronics design and development units within its defense division, according to a published report today.

MINNEAPOLIS -- CyberOptics narrowed its first-quarter net loss despite soft sales of traditional SMT inspection systems.