TISZAUJVAROS, HUNGARY -- Jabil Circuit reportedly has told government officials that it plans to lay off more nearly 700 workers here due to shrinking demand. According to a report at RealDeal.hu, a Hungarian news website, the EMS company yesterday told the Borsod-Abauj-Zemplen County Labor Center it would cut 673 employees next month.
WATERTOWN, MA -- Laboratories Protec's US subsidiary has acquired the XRF line from Dynasil for $1.1 million, including $925,000 in cash. Under terms of the deal, Protec will assume certain liabilities.
TIJUANA – Electronics manufacturing services provider OnCore Manufacturing has added cable and harness assembly services at its 48,000 sq. ft. plant here.
MESA, AZ – Foxconn is considering opening a manufacturing plant in Arizona, just after Apple announced it would buy a factory in Mesa.
Both firms are on the list for state property, energy and employment tax breaks and money from the Arizona Competes Fund, say reports.
GARBSEN, GERMANY – LPKF Laser & Electronics reported revenue up 21% year-over-year to EUR 99.5 million for the first nine months of 2013.
LONDON – The global optical networks market will exceed $17.5 billion by 2018, for a 3.1% CAGR from 2012, says Ovum.