FRANKFURT -- Germany's domestic electronics assembly market is expected to grow 4.2% this year, according to a local trade group.

ST. LOUIS -- Viasystems Group reported a first-quarter net loss of $5.1 million, down from a profit of $3.8 million a year ago, as restructuring and acquisition charges eroded the bottom line.

SHANGHAI CITY – Foxconn said it would begin construction of its China headquarters here May 10, say reports.

The site will serve as the electronics manufacturer’s mainland operational center, its R & D center in the Yangtze River Delta region, and an e-commerce center.

The building is expected to be completed in 2015.

NEWARK, NY -- IEC Electronics reported fiscal second-quarter net income rose 49% year-over-year to $2.61 million.