Philips to close plant in Belgium
Philips is said to close down its production facility in Brugge, Belgium. The affected unit currently employs 191 staff.
OEMThe close of the unit, which manufactures flat screens, will affect 118 blue-collars and 73 white-collars and is blamed on a severe decrease in sales. Management is cited in local media reports in saying that only the production unit will be affected by the layoffs; the development unit however, will remain in Brugge.
TT Electronics profit down
Cable Harnesses company files for bankruptcy
Cable HarnessesSweden based K.A.B. Kabelprefektion AB has filed for bankruptcy.
Huawei opens assembly plant in Hungary
EMSChinese Telecom company Huawei is opening an assembly plant in Hungary.
Another Foxconn employee fell from the roof
EMSAnother Foxconn employee in Shenzhen fell from a building last night.
Jabil to lease new site in Hungary
EMSJabil Circuit has leased a new site in Hungary due to higher order volume.
