TAIPEI -- Wistron Corp. will buy Lite-On Technology's monitor business for $300 million in cash, the company said Tuesday.

The deal covers inventory, equipment, IP and personnel, but no manufacturing plants.

Wistron said more acquisitions would be in the offing and the firm has plans to move some manufacturing to Vietnam.

SIEVI, FINLAND – EMS provider Scanfil reported first-quarter profits rose 16% from a year ago to 3.6 million euros despite a 4% drop in sales to 50 million euros. Operating profit rose 31% to 4.7 million euros.

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KYOTO, JAPAN - The Omron Group reported fiscal 2007 net sales of 763 million yen, up 5.4% over last year. Net income rose 10.7% to 42.4 million yen.

Sales were boosted by the weaker yen and business acquisitions.

Operating income rose 5.2% to 65.3 million yen. EBITA from continuing operations fel 0.2% to 64.1 million yen.

Omron makes factory automation equipment and electronics and automotive components.

MANKATO, MN -- EMS firm Winland Electronics has formally promoted Thomas de Petra to chief executive and president.

He had been interim CEO and president since the retirement of longtime CEO Lorin Krueger last January. de Petra has also been Winland's chairman since 2006 and a director since 1994.