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ST. PETERSBURG, FL -- Jabil's fiscal third-quarter net profit rose 519% to $38.4 million on sales of $3.09 billion, up just under 3%.

For the quarter ended May 31, Jabil cut its restructuring and impairment charges to $3.5 million, from $25.3 million last year. However, the EMS firm also pared its R&D expenses about 24% to $8 million in the quarter.
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MANASSAS, VAAustin American Technology Corp. and Zestron America have completed compatibility experiments for cleaning equipment and products.
 
The testing was conducted with current PCB defluxing inline and batch equipment, as well as stencil cleaning machines.
 
Completed at various concentrations and temperatures, the results confirmed excellent compatibility between all wetted parts that came in direct contact with Vigon and Atron cleaning agents, the companies say.
 
SHENZHEN – Foxconn International Holdings will begin production in its Taiyuan, Shanxi and Langfang, Hebei facilities in the third quarter of this year, according to published reports, quoting a company department chief.
 
Foxconn intends to direct its focus on production in North China, and expects the Taiyuan and Langfang plants will have 50% more aggregate capacity than the its Shenzhen headquarters, according to the chief.
 
Foxconn expects to increase total production capacity 20% to 30% next year, the report said, with production at its Hungarian plant scheduled to start in August, Vietnamese production scheduled for year-end and expansion set for its Yantai, Shandong location.
 
SAN JOSE – Flextronics’ decision to jump in the competitive notebook PC market is paying off. Today, the EMS company announced a deal with HP to design and manufacture a high-volume consumer notebook computer. No financial or other contract details were announced.

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HONG KONG – Byd Electronic Co., a provider of mobile handset components and electronics assembly services, reported 2007 revenues of 5.8 billion RMB ($823 million), up 89% year-over-year.

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MINNEAPOLIS -- CyberOptics promoted Steven DiMarco to vice president and general manager, Inspection Systems Business, responsible for new systems product development and manufacturing center in Singapore as well as global sales and marketing and service. He has been with CyberOptics since 2005, most recently as vice president of sales and marketing.

The business unit produces AOI and solder paste inspection systems. 

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