Administration of Sanmina-SCI daughter through in September
In December 2005, Sanmina-SCI Development AB, a Sweden based subsidiary of Sanmina-SCI was placed into administration. The formalities of this subsidiary will be completed in September 2007.
Sanmina-SCI Development AB went into administration in December 2005. The activities and employees were taken over by Sanmina-SCI Kista AB, a NPI Center in Kista outside Stockholm in Sweden. According to the administrator, Mr. Jan Gerdén at Lindskog & Malmström Advokatbyrå, the administration procedures will be completed this September.
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Korean defense manufacturers fined for cartel
Four major defense manufacturers in Korea have been fined for alleged involvement in a cartel according to the Korean Fair Trade Commission.
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