TAIPEI -- Hon Hai (Foxconn Electronics) reported nonconsolidated revenues fell 12.5% year-over-year in September to NT$221.8 billion ($7.45 billion).

KEMPELE, FINLAND – Electronics contract manufacturer PKC Group Oyj has named Matti Hyytiäinen to succeed Harri Suutari as president and CEO.

EL SEGUNDO, CA -- Semiconductor suppliers' stockpiles rose in the second quarter to their highest point since early 2008, research firm IHS iSuppli said.

LUXEMBOURG -- Elcoteq's long spiral into bankruptcy is complete. The electronics manufacturing services company filed yesterday after last-ditch efforts to convince its bankers for more time fell through.

PHOENIX – Ditron Manufacturing, a local electronics manufacturing services company, has closed its doors.

CUPERTINO, CA -- Steve Jobs, the cofounder and face of Apple, died today. He was  56.

SCOTTSDALE, AZ – HDMI-enabled mobile PC shipments will surpass 300 million units in 2014, according to In-Stat.

“Its small size is a better fit for size-conscious mobile PC OEMs,” says Brian O’Rourke, research director. “In addition, HDMI’s popularity across the CE segment makes HDMI a popular choice, especially for consumer mobile PCs. Dell, Sony, HP, Acer, and Toshiba all feature HDMI in their consumer notebook lines. Netbooks are adopting HDMI as well, particularly higher-end devices that are marketed as media devices, so that they can connect to an HDTV.”

Embedded DisplayPort will have a 35% attach rate in mobile PCs in 2013, says the firm. Plus, 117 million LCD PC monitors will ship with DVI this year. HDMI will have an 82% rate in A/V receivers in 2012, and more than 19 million HDMI-enabled digital camcorders will ship in 2014.

BRUSSELS -- Electronics manufacturing services in Europe is forecast to grow 6.4% this year, with the largest jump coming in the eastern nations.

TEMPE, AZ – Economic activity in the manufacturing sector expanded in September for the 26th consecutive month, but the supply chain is anxious over the future, says the Institute for Supply Management.

The September PMI was up 1 percentage point from August to 51.6%. New orders were flat at 49.6%, and production rose 2.6 points to 51.2%. Inventories dropped a slight 0.3 to 52%, and customer inventories were up 2.5 percentage points to 49%. Backlogs fell 4.5 points to 41.5%, the lowest level since April 2009 (40.5%).
 
“Respondents generally reflect concern over the sluggish economy, political and policy uncertainty in Washington, and forecasts of ongoing high unemployment that will continue to put pressure on demand for manufactured products,” said ISM spokesperson Bradley J. Holcomb.
 
The overall economy grew for the 28th consecutive month, the firm says.

BANNOCKBURN, IL – North American printed circuit board shipments in August decreased 4.4% year-over-year, as orders fell 8%, says IPC.

NEW DELHI – India’s government aims to bring in $100 billion in investments for electronic component manufacturing by 2020, according to published reports.

A draft of initiatives proposes tax incentives, special funding, 200 manufacturing clusters, and preferential access for locally made products.

The policy is expected to be completed by December, and the initiatives are expected to create 28 million jobs.

Local demand for electronics hardware is expected to reach $400 billion by 2020, up from $45 billion in 2009.

VANCOUVER – Pacific Insight Electronics Corp. reported a fourth-quarter net loss of $19,000, compared with a net income of $316,000 in the prior year.

The EMS firm reported sales for the period ended June 30 of $8.47 million, up 4% year-over-year.

Sales for the year ended June 30 were $32.8 million, up 12% compared to last year. Net income was $163,000, down 69.3% year-over-year.

Pacific Insight Electronics is a contract designer and assembler of electronics products.