HAWTHORNE, CA -- OSI Systems said strength at its Optoelectronics and Manufacturing division drove an overall 14% jump in sales year-over-year in its fiscal first quarter. Sales at the Optoelectronics and Manufacturing unit increased 25% on new programs and customers.

BILLINGSTAD, NORWAY -- Kitron ASA today reported third-quarter revenues fell 5.2% year-over-year to NOK 346.6 million ($58.6 million) on weaker demand. EBIT fell 50% to to NOK 7.6 million, and net profit plunged 37% to NOK 3.2 million.

GUIZHOU, CHINA -- Foxconn Electronics on Monday held a groundbreaking ceremony for its new plants in this Western China city. Chairman Terry Guo was on hand to cite the area's transportation systems and geographic location, which are seen as advantages to making this a logistics hub for the region.

TORONTO – Celestica reported third-quarter revenue of $1.5 billion, down 5% year-over-year, within the firm’s previous guidance.