Ad
Ad
Ad
Electronics Production | December 07, 2007

Flextronics sales weaker in industrial, automotive & telecoms

Fextronics see some weakness in the industrial, automotive and telecommunications sectors.
Flextronics CEO Michael McNamara said that the company is seeing some weakness in the industrial, automotive and telecommunications sectors. However the company is still strong in the consumer electronics section, Reuters reports.

McNamara said during a Lehman Brothers investment conference, "We are probably seeing some slowness in three areas, industrial business, automotive and in telecoms infrastructure. We are not seeing any slowdown in mobile phones or consumer electronics, things you think might be affected by a recession."

He also explained that "Where we may see a little softness in some segments, we're seeing strength in others.”

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
August 22 2017 10:36 AM V8.6.0-2