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SAN JOSE -- Stung by a large drop in revenue and trying to meet stated goals for margins, Flextronics is planning another round of layoffs and factory closings.

COPENHAGEN -- The European Commission has proposed to provide Denmark with more than one million euros to help workers laid off by Flextronics' Denmark subsidiary.

GARBSEN, GERMANY -- The Institute of Technical Education in Singapore, Hakko and LPKF Laser & Electronics have signed an agreement to collaborate on training printed circuit board manufacturers.

— Balmoral Funds has acquired the assets of EMS provider Simclar Inc. for an undisclosed amount.

SAN JOSE — North America-based semiconductor equipment manufacturers reported the 90-day moving average worldwide orders rose 2.8% from last year in September.

DANDERYD, SWEDENNOTE reported September quarter net income of SEK 6.5 million, down 30.9% compared to the same period in 2011.

MILPITAS, CAFlextronics reported second-quarter GAAP net income of $150.55 million, up 15.9% year-over-year.

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