FARMINGDALE, NY -- Cemtrex reported total revenue for the three months ended Dec. 31 rose 54% from a year ago to  $13.8 million.

NELSON, BC -- Pacific Insight Electronics reported fiscal second-quarter revenue rose 4% year-over-year to $16.3 million.

NEWARK, NY -- IEC Electronics today named Jeff Schlarbaum president and chief executive, following the ouster of the company's longtime board.

YAMAMACHI, CHIRYU, AICHI, JAPAN -- Fuji's Electronics Assembly Equipment division reported net sales for the three quarters ended Dec. 31 are up 37.1% year-over-year.

Year-to-date net sales for the segment are 56.4 billion yen ($463.8 million), while operating income is up 153.4% to 11.3 billion yen ($93 million).

"The growth of new capital investment for PCB production equipment for markets such as smartphone, automotive electronics and industrial equipment has brought strong business," the company said.

ST. LOUIS – Viasystems Group reported fourth quarter 2014 net sales of $308 million, a year-over-year increase of 1.5%, and a sequential increase of 2.9%.

TOKYO -- Yamaha reported sales at its Industrial Machinery unit rose 20.7% year-over-year to 38.9 billion yen (about $328 million) for 2014.

BILLINGSTAD, NORWAY -- Kitron's net profits rose in the fourth quarter despite flat revenues at the EMS company. 

MANILA – Cal-Comp plans to open a new $32 million factory in Batangas by the end of March, the company said.

PATHUMTHANI, THAILAND -- SVI Public Co. is back up and running at full capacity following a devastating fire in November. 

NEWARK, NY -- An accounting error of more than $12 million will lead IEC Electronics to restate its financials from its fiscal year ended last September and its fiscal quarters ended last March and June 27.

HOLLY SPRINGS, NC — Circuit Technology Inc. has opened its newest training center in Raleigh, NC.

CHENNAI, INDIA -- Foxconn's Sriperumbudur factory, the site of constant protests by displaced workers, will officially shut down Feb. 10, yet negotiating on behalf of the unions continues.