TAIPEI – Foxconn International Holdings, the cellphone manufacturing arm of the world’s largest electronics ODM, said it would sell assets to the parent company after reporting a steep drop in annual profits.
EL SEGUNDO, CA -- Japan's earthquake and resultant impact the global electronics supply chain will be the focus of an IHS iSuppli webinar this morning.
EL SEGUNDO, CA -- Semiconductor sales fell sequentially in the fourth quarter, the first sequential drop in 18 months.
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SAN JOSE -- The heads of the Institute of Electrical and Electronics Engineers and the Semiconductor Industry Association sent a detailed letter to Congress yesterday advocating for immigration reform.
MILWAUKEE – Plexus Corp. was named a 2010 Wisconsin Manufacturer of the Year.
The EMS firm was awarded the Customer Commitment Special Award.
Seven Wisconsin firms won awards, competing against 53 total nominees. Awards were selected by an independent panel of judges.
TAIPEI, TAIWAN – Foxconn International, Hon Hai’s cellphone manufacturing subsidiary, posted a full-year 2010 net loss of $218.3 million, compared with net income of $38.6 million in 2009.
Sales dropped 8% year-over-year to $6.63 billion.
The firm is selling its Taiyuan, China, unit to its parent to reduce costs.