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SZEKESFEHERVAR, HUNGARY -- Videoton reported overall sales rose 12% to 110 billion HUF ($482 million) in 2013 on higher demand for automotive and industrial electronics.

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ROLLING MEADOWS, ILBEST is hosting a half-day advanced PCB x-ray inspection seminar Apr. 3 here.

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ST. LOUIS -- Viasystems Group today reported fourth-quarter net sales in its assembly business unit rose 23.4% year-over-year to $45.4 million. The division swung to an operating profit of $900,000, up from a loss of $800,000 a year ago.

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JAKARTA -- At long last, Hon Hai Precision Industry (Foxconn) has formalized its plans to establish a manufacturing plant here, as today it signed a letter of intent to invest, a city spokesman told reporters.

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NEWARK, NY -- IEC Electronics reported a fiscal first-quarter net loss of $1.1 million, down from a loss of $101,000 a year ago.

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JUAREZ, MEXICO -- Plexus plans to close its manufacturing facility here by year-end and lay off up to 250 employees. The company, which is building a new site in Guadalajara, said it faced "ongoing challenges" to securing sufficient business for the Juarez plant.

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