AUSTIN, TX — September shipments of large-area TFT LCD panels reached 52 million units, up 2% sequentially and 25% year-over-year.
SCOTTSDALE, AZ – Overland Storage will outsource certain data storage product manufacturing to Foxconn Technology Group. The companies did not specify the terms of the contract.
The agreement will lead to an increased manufacturing capacity and improved operating efficiency, Overland said. It did not disclose which product line would be outsourced, or where production would take place.
SINGAPORE -- Flextronics has signed an agreement to acquire Slomedical S.R.O through a share purchase agreement. The deal is expected to close before the end of the calendar year, pending required regulatory clearances.
TIJUANA, MEXICO -- Flextronics has completed a major expansion of its campus here, adding plastic injection molding, plastic extrusion and clean-room assembly operations.
TORONTO -- Celestica swung to a third-quarter net loss of $600,000 on revenue of $1.56 billion on weaker end-market demand and higher restructuring costs.