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Computrol invests in a third selective solder system from ACE
Computrol has placed an order for its third KISS 103 Selective Solder System from ACE Production.
India court lifts freeze of Nokia's assets
The latest hurdle for the Finns deal with Microsoft has been removed, as an Indian court has accepted the company's appeal to release its Chennai facility.
Xilinx Vs. Flextronics on fraud claims
Xilinx has sued EMS provider Flextronics, claiming that the manufacturer fraudulently resold its products.
Kimball names new Chief Information Officer
Kimball International has appointed Lonnie P. Nicholson as Vice President and Chief Information Officer, effective January 1, 2014.
Ametek acquires Powervar
Ametek has acquired Powervar, a provider of power management systems and uninterruptible power supply (UPS) systems, for approximately USD 128 million.
Leoni boost management board to four members
Dr Klaus Probst will concentrate on chairing the Board – Dr Frank Hiller will assume responsibility for the Wire & Cable Solutions Division
Foxconn moving into wearables
The latest investment from EMS-giant Foxconn is said to be a fund to finance startups that focus on wearables.
Celanese to cease manufacturing at two European facilities
Employee consultation process completed at Roussillon, France, acetic anhydride plant and Tarragona, Spain, vinyl acetate unit.
AVIC Tech signs technology collaboration agreement with TWI
Aviation Industry Corporation of China (AVIC) to advance welding and joining research capabilities in collaboration with TWI.
Nokia's solution to Indian tax dispute
Nokia's latest problem revolves a tax dispute in India, which could lead to the closure of its plant in Chennai, if its assets are not unfrozen.
Cicor realigns business structure
Cicor Group adapts its organizational structure to market conditions. The number of divisions will be reduced from four to two. The changes will take effect on 1 January 2014.
EADS plans to cut up to 6'000 jobs
European aerospace company EADS is said to plan mass layoffs in Europe. Between 5'000 and 6'000 jobs are to be cut in a restructuring program.
Ex-Flextronics factory comes back to life
Jean-Marc Gelin, Chairman of Futurol'Industries, has taken on factory premises which used to house the production of EMS-provider Flextronics. 25 employees will start in mid-January.
Philips, Samsung, Metro offices raided by EU inspectors
Philips, Samsung Electronics and Metro-Saturn have been targets in a raid by European Commission officers on suspicion of breaking competition rules.
Sabtech CEO Michael Carter buys firm
Sabtech's CEO. Michael Carter, has acquired the privately held company. Mr. Carter acquired 100 percent of Sabtech stock.
Resistor may cause Philips defibrillators to fail
U.S. regulators have warned that some automated external defibrillators made by Philips Medical Systems may be unable to deliver potentially life-saving shocks to the heart in emergency situations, due to an electronic product malfunction.
Kongsberg: corporate management team changes
Hege Skryseth will be appointed as a new member of the corporate management team responsible for strategic skills and talent development and strategic marketing/communications.
Phoenix Contact's investment plans in Poland
Phoenix Contact is planning an expansion in Poland. The company is building another warehouse and production facility.
Plexus invests USD 3M in Idaho
Plexus Corp. is to invest USD 3 million to expand operations in it's Boise Microelectronics Center of Excellence in Nampa, Idaho.
Executive changes at Bombardier Aerospace
Bombardier Aerospace appoints Raymond Jones as its new Senior Vice President of sales, marketing and asset management, Bombardier Commercial Aircraft.
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