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.

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.

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.

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