SAN DIEGO – SMTA’s deadline for submitting 300-word abstracts for the 2009 SMTA International conference is April 24.
ZANDT, GERMANY – EMS firm Zollner Elektronik has opened a technical sales and customer service facility in the US.
SAN JOSE -- Flextronics is terminating "certain
arrangements" with Nortel Networks to reduce its exposure to the Canadian telecom company as it winds its way through bankruptcy.
The programs would come to an end by July, Nortel said, without disclosing the products or services or their values. Nor did the OEM indicate whether any of the programs or services designated for termination were near the end of their contract life.
In an announcement, Nortel said it would purchase $120 million of existing inventory from Flextronics by July, in addition to other quarterly purchases.
NEENAH, WI -- Top 10 EMS firm Plexus Corp. today forecast fiscal second-quarter profit near the high end of previous guidance due to a lower-than-expected tax rate and lower fixed cuts. The company also announced it expects restructuring charges of $2.3 million during the quarter, above prior guidance of $500,000.
TAIPEI -- The chairman of Hon Hai (Foxconn) is aiming for sales to rise 30% this year, but acknowledges the goal will be difficult.
SURREY, ENGLAND – TT Electronics, the parent company of TT EMS, will lay off 700 workers this year, the company said today.
The cuts would make up about 10% of the firm's global staff and are in addition to headcount reductions of 595 positions in 2008.