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TAIPEI -- Foxconn Electronics (Hon Hai) reported February consolidated revenues rose nearly 11% year-over-year to NT$260.6 billion ($8.6 billion). Sales were down 17.1% sequentially due to a shorter work period tied to the Chinese New Year.

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LOUISVILLE, KY -- Sypris Solutions today reported fourth-quarter revenue rose 10% over a year ago even while its EMS unit saw sales dip on lower defense demand. The Electronics Group's revenue fell 20% from 2012, but increased 3% sequentially to $10 million.

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BANNOCKBURN, ILIPC has launched its Quality Benchmark Survey for the EMS Industry. Participation is open to all EMS companies worldwide.

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ANSEONG, SOUTH KOREA -- A massive fire has laid waste to a printed circuit board factory here that was building multilayer boards for Samsung's next-generation smartphone. The fire also caused millions of dollars in damage to equipment and took hundreds of firefighters some six hours to contain, according to media reports.

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TAIPEI -- Hon Hai (Foxconn) will hire up to 15,000 new workers this year, primarily in Taiwan, according to published reports.  The new hires won't be for the company's traditional manufacturing positions, however, a company spokesman told Reuters today.

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BANNOCKBURN, IL – North American printed circuit board shipments decreased 7.5% year-over-year in January. Orders came in at 3.7% below the same month last year, says IPC.

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