TORONTO -- SMTC reported fourth-quarter net income of $987,000, including an unrealized loss of $536 thousand from foreign exchange contracts, down from $2.86 million a year ago.

ZURICH, SWITZERLAND -- Enics will lay off 48 workers at its electronics manufacturing factory in Västerås, Sweden, as it moves production to lower-cost locations.

WASHINGTON -- The National Materials and Manufacturing Board has named veteran electronics materials scientist Dr. Jennie Hwang to its committee.

RIDGELAND, MS -- Diversified Technology, a contract assembler of embedded computer printed circuit boards, has ceased operations and will be auctioned.