BILLINGSTAD, NORWAY -- Multinational EMS provider Kitron reported first-quarter profits plunged 86% to NOK 1.38 million ($236,000) on weaker demand in Europe and delays at its US operations.

FT. WORTH, TX -- A multi-million dollar renovation has begun on a former Foxconn building here now reportedly leased to Flextronics, according to local reports.

SAN JOSE — Despite a steep year-over-year drop in orders, North America-based semiconductor equipment manufacturers reported their highest book-to-bill ratio in more than two years as bookings rose faster than shipments in March.

IRVINE, CA -- Probe Manufacturing reported revenue grew 9% year-over-year in 2012 to $4.96 million.

SON, THE NETHERLANDS -- Neways reported a net loss despite higher sales in the first quarter. The EMS company cited one-time restructuring charges.