News
SHENZHEN -- Nam Tai Electronics reported a first-quarter net loss of $3.6 million, down from net income of $2 million last year, as the EMS company worked to shed its money-losing liquid crystal display panel production.
TAIPEI -- Foxconn Electronics (Hon Hai Precision Industry) reported first-quarter net profits of NT$14.92 billion ($511.4 million), up 3.6% year-over-year.
BANNOCKBURN, IL – North American printed circuit board industry shipments in March decreased 12.2% year-over-year, says IPC.
WUHAN, CHINA -- Several hundred Foxconn workers today reportedly threatened to jump off a factory roof here in a protest over wages.
TAIPEI -- Foxconn's cellphone manufacturing business unit forecast a larger first-half loss on weaker demand and higher costs.
EL SEGUNDO – IHS iSuppli today upped its 2012 forecast for semiconductor growth to 4.3%, citing strong consumer demand for wireless products like cellphones and media tablets. The researchers warned that inventory levels must continue to come down, although progress has been made.
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