TORONTO -- Celestica said first-quarter revenue was $1.299 billion, down 1% year-over-year.

SAN JOSE, CA – Sanmina reported fiscal second quarter revenue ended Mar. 28 of $1.53 billion, up 3.4% year-over-year and down 8.4% sequentially.

HOUSTON – A 24-count indictment has been unsealed charging four corporations and five individuals with facilitating the illegal export of high-tech microelectronics, uninterruptible power supplies and other commodities to Iran in violation of the International Emergency Economic Powers Act. 

TORONTO -- Celestica has reached a $30 million settlement with shareholders over alleged securities fraud.

SON, THE NETHERLANDS – Neways Electronics recorded first quarter revenue of $103.3 million, up 41% year-over-year.

WASHINGTON – The Semiconductor Industry Association today applauded a bipartisan bill that gives US negotiators the authority to finalize trade agreements.

RAMBOUILLET, FRANCE – Viapaq Group has acquired Tepcomp, an EMS firm with production sites in Finland and Estonia. No financial terms were disclosed.

ESPOO, FINLAND -- Finnish research organization VTT has developed a method for printing memory circuits directly on various substrates such as consumer packaging, and is seeking partners to commercialize the invention.

ROTHERHAM, UK – Two managers of Purex Fume Extraction Systems have completed a management buyout of the firm.

OYSTER BAY, NY – Connected automotive infotainment systems are expected to grow at a CAGR of 33.8% over the next five years, says ABI Research. Rapid expansion is expected in connected navigation and in-car Wi-Fi driving growth.

SAN JOSE -- Flextronics is in "advanced talks" to acquire a portion of Alcatel-Lucent's China manufacturing operations, according to a report in Reuters today.

SCHAUMBURG, IL -- The Hunter has become the hunted. A Sparton subsidiary has completed a merger with Hunter Technology for $55 million in cash, subject to certain and conditional post-closing adjustments.