EL SEGUNDO, CA -- Research firm IHS iSuppli cut this year's forecast for global semiconductor sales citing increasingly weak economic conditions that are depressing consumer and business spending on electronics.
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FRAMINGHAM, MA -- IDC will reveal its Top 10 predictions for the manufacturing industry for 2013 in a webinar scheduled for Thursday.
DETROIT -- Flextronics has confirmed its acquisition of Saturn Electronics & Engineering, a supplier of electronics manufacturing services, solenoids and wiring harnesses for the automotive, appliance, consumer, energy and industrial markets. Rochester Hills, MI-based Saturn most recently reported more than $300 million in annual revenue. Additional terms of the deal were not disclosed.
CHINNOR, UK -- The first Engineering Subcontractor Exhibition will be held April 18 at the RAF Museum Cosford.
SAN JOSE -- Flextronics is about to acquire wire harness manufacturer Saturn Electronics & Engineering for an undisclosed sum, according to published reports.
SHENZHEN -- Nam Tai Electronicshas year-to-date sales of over $1 billion, joining a select few EMS companies to top that mark.