EL SEGUNDO, CA – Amid lingering economic woes and continuing poor visibility into future demand trends, iSuppli last night lowered its forecasts for global semiconductor and electronics equipment revenue in 2009. The research firm cited lagging auto sales as the major drag on a recovery.

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HONG KONG -- Foxconn International Holdings, part of Hon Hai, will lay off an unspecified number of employees and close certain plants, the company said today. 

Plans to open a plant in Vietnam may be put on hold until the economy improves, the company also said, the Wall Street Journal is reporting.

Foxconn, the world's largest EMS/ODM per the Circuits Assembly EMS Top 50, has undergone some layoffs and consolidated certain production facilities, Foxconn spokesman Vincent Tong told the Wall Street Journal, declining to provider further details.

TEMPE, AZ – The burdened cost of labor for electronics manufacturing services in the coming quarter is expected to be flat in the US and most geographies.

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SEOUL – AOI OEM Mirtec has been awarded contracts reportedly totaling more than $15 million with certain undisclosed mobile solution manufacturers.

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