HAWTHORNE, CA -- OSI Systems said strength at its Optoelectronics and Manufacturing division drove an overall 14% jump in sales year-over-year in its fiscal first quarter. Sales at the Optoelectronics and Manufacturing unit increased 25% on new programs and customers.

BILLINGSTAD, NORWAY -- Kitron ASA today reported third-quarter revenues fell 5.2% year-over-year to NOK 346.6 million ($58.6 million) on weaker demand. EBIT fell 50% to to NOK 7.6 million, and net profit plunged 37% to NOK 3.2 million.

GUIZHOU, CHINA -- Foxconn Electronics on Monday held a groundbreaking ceremony for its new plants in this Western China city. Chairman Terry Guo was on hand to cite the area's transportation systems and geographic location, which are seen as advantages to making this a logistics hub for the region.

TORONTO – Celestica reported third-quarter revenue of $1.5 billion, down 5% year-over-year, within the firm’s previous guidance.

BANNOCKBURN, IL – IPC presented Committee Leadership, Special Recognition and Distinguished Committee Service Awards last week at SMTAI.

NEW YORK – The global automotive electronics market is expected to grow at a CAGR of 3.31% between 2012 and 2016, according to TechNavio.

SMEDEREVO, SERBIA -- PKC Group has signed a deal to open a wiring systems factory here. The new site will serve existing and potential new customers in Europe.

CHANDLER, AZ -- Koh Young Technology has promoted Harry Yun to general manager, Koh Young America. He was formerly semiconductor sales manager at KYT.

TORONTO and MONTREAL – Two free cleaning and reliability workshops are offered in Canada next month.

HAUPPAUGE, NY -- Orbit International will consolidate the operations of its Quakertown, PA-based subsidiary into its Hauppauge, NY, plant. The Quakertown facility manufactures a displays and hand-held devices for military, industrial and commercial applications.

FT. WORTH, TX -- The effects of the US government shutdown failed to corral the atmosphere at SMTA International this week, where attendees appeared more active and buoyant this year than last.

FARMINGDALE, NY – Cemtrex has entered into an agreement to acquire the ROB Group.