Foxconn to launch $5 bn project

After years of delay, Taiwan based EMS provider Foxconn has decided to start its large scale investment in Vietnam.

February 02 2010, 8:29 AM

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EMSDirector of the Industrial Parks Management Authority of Vinh Phuc said that Foxconn will resume construction on its project during this first half of 2010. The total investment value is $5 billion. The main reason for the delay was due to the global recession.

Stadium Group with revenues up 37% for 1H/2010

EMSRevenue for the EMS-provider Stadium Group increased by more than one third compared with the same period last year, operating margin improved, and profit before taxation more than doubled to GBP 1.45 million.

Ralf Klaassen / Ricky German

New managers will join Enics

EMSIn order to enhance the offering in the Medical Market as well as become more known in the German Market, EMS-provider Enics has hired additional staff to ensure the growth in these market areas.

EMS-provider mourns loss of Managing Director for Asia

EMSKen Leung, Managing Director of Stadium Asia, was killed in the tourist bus hijacking incident in Manila (Philippines) at the end of August.

Siplace benefits from boom in electronic production

SMT & InspectionAccording to Munich-based SMT equipment maker Siplace, deliveries by all placement machine manufacturers increased by almost 60% for the 2Q/2010 compared to the previous quarter, making it the strongest quarter since the record-setting year 2000.

New business wins at JJS Electronics

EMSSpanning diverse technology requirements in Fire Security, Optical Inspection and Railway sectors, the new contracts have added £2m to the company’s annual turnover.

Dräxlmaier to lay off in Hungary

Cable HarnessesGerman automotive supplier Dräxlmaier is to lay off at their manufacturing location in Mór (Hungary).

Aros Quality buys TVAB

Cable HarnessesAros Quality Group AB (AQ) has entered into an agreement with the owners of TVAB International AB (TVAB) to purchase all shares in the company. The acquisition comes into effect 6 September 2010.

Foxconn likely to speed up inland move in China

EMSFoxconn is likely to speed up moving production to inner China locations.

Bree completes ISO audit

PCBBree, part of French Cire Group, has successfully completed the ISO TS 16949 audit.

Éolane and NCF join forces

EMSFrench EMS-provider Éolane and NCF have joint forces.

HP adds 700 jobs in Scotland

OEMElectronics giant Hewlett-Packard is to add 700 jobs at their facility in Erskine near Glasgow (Scotland). The same number of jobs was lost last year at the facility as work was transferred to the Czech Republic.

Intersil and Avnet Memec sign distribution agreement

EmbeddedAvnet Memec has signed a new pan-European distribution agreement with Intersil. The new agreement will take effect from Wednesday, 1st September 2010.

Special effects on Machete get a little help from AMD

GeneralAMD collaborated with Troublemaker Studios to produce the visual effects for the action epic Machete.

Flextronics ups basic salary in China

EMSEMS-giant Flextronics has increased basic wages for its employees in southern China.

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