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NEWARK, NY -- IEC Electronics has reached a separation agreement with its former chairman and chief executive, who was ousted in after a proxy battle last year.

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TORONTO, ONTARIO -- A US subsidiary of Firan Technology Group has acquired substantially all the assets of Airco Industries, a Texas based designer and manufacturer of a full portfolio of cockpit products, electronic assemblies and simulator solutions.

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TAIPEI -- Foxconn's lingering attempts to finalize its contested deal to acquire Sharp continued over the weekend, with the Taiwanese ODM/EMS reportedly lowering its already accepted bid due to late revelations of red ink at the Japanese OEM.

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CHELTENHAM, GLOUCESTERSHIRE, ENGLAND -- A new EMS company has been registered here this month.

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MAPLE GROVE, MN -- Circuit Check has acquired sales and support rights to the TSL AFS500 series of in-circuit test printed circuit board handlers.

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SAN JOSE — North America-based semiconductor equipment manufacturers posted $1.26 billion in orders worldwide in February, down 3.9% from a a year ago.

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