TAIPEI – Huawei Technologies today agreed to buy some $2 billion worth of products and services from Foxconn Technology Group by 2013, say published reports.

Huawei expects to buy printed circuit boards, terminal devices and integrated units from Foxconn, the world’s largest contract electronics assembly company.

The deal will be in effect from 2011 to 2013.

Huawei is the world's second-largest network equipment maker.

HELSINKI -- Wounded by diving revenues and at a standstill with lenders, contract electronics manufacturer Elcoteq will apply for insolvency.

JUAREZ, MEXICO – Foxconn Technology Group has purchased Cisco’s manufacturing facility here.

DURHAM, NH – ITM Marketing has released a report providing a comprehensive analysis of the worldwide reflow soldering oven market.

The report contains price/performance benchmarks, supplier perception ratings, end-user verbatim comments, and a 30-page spreadsheet detailing an in-depth comparison of 42 equipment metrics for 116 unique models of reflow ovens offered by 22 different suppliers.

“Reflow Soldering Oven Benchmark Report” examines key market dynamics for reflow soldering and printed circuit board assembly. Analysis includes end-user application requirements, served and not served prerequisites and emerging technologies. 

To obtain more information about the report, contact bob_klenke@itmmarketing.net.

PENANG, MALAYSIA -- Research in Motion is considering either outsourcing some production or building its own manufacturing facility in Malaysia, according to local reports.

DANDERYD, SWEDEN -- EMS firm Note returned to profitability in the June quarter, reporting after-tax profits of SEK 15.5 million ($2.4 million), up from a loss of SEK 11.4 million a year ago.

POLGAR, HUNGARY -- Jabil has opened a 48,000 sq. ft. electronics manufacturing facility here, its second in Hungary.

STAMFORD, CT -- Worldwide PC shipments surpassed 85.2 million units in the second quarter of 2011, up 2.3% from the same period last year but below earlier forecast, according to preliminary results by Gartner.

IRVINE, CA – Ellsworth Adhesives has relocated its Western Region Distribution Center to a larger facility here.

The new location brings improved floor stocking capabilities, and an increase in hazardous and cold storage areas, with more than triple the space of the company’s previous location. It serves as a distribution portal globally.

Ellsworth Adhesives distributes specialty chemicals and equipment.

SOUTH PLAINFIELD, NJ – Private equity firm Guardian Capital Partners and certain incumbent managers have acquired a controlling interest in electronics manufacturing services firm R&D Circuits.

ELK GROVE VILLAGE, IL – Electronic services manufacturer SigmaTron International today reported fourth-quarter revenues were $38.5 million, up 10% year-over-year.

Fourth-quarter net income was $279,000, down 84% compared to the same period last year.

Revenues were $151.7 million for fiscal 2011, up 23.9% compared to 2010. Net income for the year fell 13% to $1.98 million.

“While our revenue for the fourth quarter versus the third quarter was modestly up, fully diluted earnings were flat. We have seen pricing pressures from both customers and vendors that have continued to squeeze our margins. Our fourth quarter results are continuing evidence of those pressures that we expect to see for at least the balance of this calendar year,” said Gary R. Fairhead, president and CEO.

“We successfully relocated our California operation from Hayward to Union City. The new plant layout has increased our productivity and has assisted in attracting interest from many new customers, including some in the aviation, defense, and medical markets.

“We are continuing to work on methods to reduce our inventory levels and we expect to start seeing positive results from that in the second quarter of fiscal 2012.”

VELLINGE, SWEDEN -- EMS firm PartnerTech swung to a second-quarter net profit of SEK 200,000 ($31,000), up from a loss of SEK 13.8 million a year ago, despite weakening industrial sales.