BILLINGSTAD, NORWAY – Kitron's revenue was NOK 442.9 million ($77.1 million) in the fourth quarter, down 2.7% year-over-year.

SAN JOSE – OnCore Manufacturing Services today said it intends to enter into a medical product design alliance with Proven Process Medical Devices.

The partnership would provide turnkey design-to-production solutions, the contract electronics manufacturer said.

Oncore said it would “significantly expand” its capabilities in the medical device market with the partnership.

No financial terms were disclosed.

BINGHAMTON, NY -- Universal Instruments today said its global market share rose nearly 2% year-over- year in the fourth quarter.

SCHAUMBURG, IL -- Sparton reported fiscal second-quarter net income rose 36% to $1.9 million, boosted by higher demand in all its end-markets.

ST. LOUIS -- Viasystems Group forecast December quarter sales of $269 million, up 10% year-over-year and down 4% sequentially on broad-based strength.

HELSINKI -- Nokia will lay off 8% -- some 4,000 employees -- of its workforce in Finland, Hungary and Mexico as part of its now year-long cost-cutting measures.

MINNEAPOLIS, MN – The SMTA is soliciting applications from full-time graduate-level students pursuing a degree and working on thesis research in electronic assembly, electronics packaging, or a related field, for the $5000 Charles Hutchins Educational Grant. 

TEMPE, AZ – Finetech plans to donate a die bonder in a drawing this summer open to qualified US and Canadian universities and colleges.

The multi-application Pico MA bonder with 5 µm placement accuracy is valued at $100,000. The platform is for advanced packaging and assembly applications, such as flip chip, optoelectronics, 3-D, wafer-level integration, micro-optics assembly, sensor packaging, and precise die bonding.

Finetech celebrates its 20th anniversary this year.