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NEW YORK -- The Russian electronics manufacturing industry will grow 165% over the next seven years, reaching $4.91 billion by 2015, according to a new report.

ARLINGTON, VA -- Consumer confidence in the overall economy moved up sharply in May, according to new figures from the Consumer Electronics Association. The data also show that consumers continue to feel more confident about future spending on technology and consumer electronics.

TAIPEI -- Worldwide shipments of netbooks are expected snare a 17.2% share of the overall notebook PC market in 2009, according to a new research report.

Netbook OEMs shipped 14.6 million units in 2008, a number that's expected to climb to 26.3 million units this year, research firm Displaybank asserts.

Asustek Computer and Acer own the lion's share of the market, with more than 70% of shipments in 2008, the firm said. The top five makers of netbooks are Acer (37.2%), Asus (33.2%), HP (7.5%), MSI (4.8%) and Intel (2.2%).

BANNOCKBURN, IL – North American PWB shipments in April fell 34.7% year-over-year, while orders dropped 25.1%, says IPC.

WINFIELD, KS – EMS firm S and Y Industries will expand its manufacturing plant here by 24% to handle growth.

ZALAEGERSZEG, HUNGARY – Flextronics will sack 400 workers from its plant here by the end of March, according to published reports. The cuts will bring the total number of recent layoffs to 1,400, including contract workers, Zalai HÃrlap reports.

The news daily quoted Flextronics spokesman MÃ¡rk HetÃ©nyi as citing a sharp decline in orders.

The cuts include 130 staff in operations and 270 administrative workers.

The site employs 3,700 workers, not including 1,500 to 1,800 contract laborers, the news daily reported.