Northrop sells advisory services unit for $1.65B Nov 9, 2009
Singapore-based Flextronics International Ltd., which makes electronic gadgets such as cell phones and Microsoft Corp.'s Xbox, said Monday it flipped to a second-quarter profit on better margins and improvements from restructuring. The company earned $19. (Fresno Bee -- Business)
> Business Profile: Small Palo Alto designer helps develop big ideas Oct 7, 2009
Its clients include Apple Inc., Palm Inc., Flextronics International Ltd., Tesla Motors Inc., Varian Medical Systems Inc. and Bio-Rad Laboratories Inc. Sparkfactor has worked on the iMac and iPod and Tesla s Roadster. SHORT-TERM GOAL: Sparkfactor s leaders want to be more involved in new product mentoring for small and startup companies. (San Jose Business Journal, CA)
LSI and Aricent Announce Strategic Collaboration to Accelerate Deployment of Next-Generation Networks Sep 8, 2009
The company's investors include Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office and Flextronics International Ltd. For more information, visit. Editor's Notes. (PR Newswire)
> South County stands out with several big 2009 leases, sales Sep 2, 2009
And last year, Singapore-based electronics manufacturer Flextronics International Ltd. leased 155,000 square feet of space in the city s Madrone Business Park and created 400 new jobs. The space was formerly occupied by The Thomas Kincade Co., the art company that moved into a smaller space in Gilroy, she said. (San Jose Business Journal, CA)
* INTERVIEW: Flextronics Sean Burke talks on companys aims Aug 24, 2009
Sean Burke, second right, president of Flextronics International Ltds computing segment, speaks at a press conference on July 13 announcing the companys establishment of a laptop design center in Banciao, Taipei County ... The establishment of Flextronics International Ltds laptop design center last month in Banciao (O), Taipei County, creates advantages for both the company and its customers, Sean Burke, president of Flextronics computing segment, said in a recent telephone... (Taipei Times, Taiwan -- Business)
MedAssets posts 2Q profit on sales boost Aug 4, 2009
Singapore-based contract electronics manufacturer Flextronics International Ltd. plunged to a loss in its fiscal first quarter on restructuring and other charges, but adjusted results still beat expectations. The company says that for the quarter ended July 3, it lost $154 million, or 19 cents per share, compared with a year-ago profit of $130 million, or 16 cents per share. (Fresno Bee -- Business)
> DCL in Fremont is a key link in supply chain Jul 9, 2009
Some examples are Flextronics International Ltd. and Menlo Logistics. SOMETHING ABOUT THE BUSINESS THAT MIGHT SURPRISE PEOPLE: Tu started the company in a 1,000-square-foot space above a beauty parlor in Menlo Park. (San Jose Business Journal, CA)
Flextronics Announces Receipt of Requisite Consents in its Partial Tender Offer and Consent Solicitation for its 6 1/2% and 6 1/4% Senior Subordinated Notes Jun 20, 2009
SINGAPORE, June 19 /PRNewswire-FirstCall/ -- Flextronics International Ltd. (Nasdaq: ) announced today that as of 5:00 p.m., New York City time today, the Early Tender/Consent Deadline for its previously announced cash tender offer (the "Offer") and consent solicitation (the "Consent Solicitation"), it has received valid tenders and consents from holders of $317 ... SOURCE Flextronics International Ltd.. (PR Newswire)
CEVA and Aricent to Demonstrate LTE PHY Platform for Cellular Handsets at LTE World Summit 2009 May 18, 2009
The company's investors include Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office and Flextronics International Ltd. For more information, visit. About CEVA, Inc.. (PR Newswire)
* Business Briefs Mar 25, 2009
Digital camera equipment maker Asia Optical Co (w) said on Monday it would set up a Hong Kong joint venture with Singaporean electronics maker Flextronics International Ltd to manufacture digital cameras. Asia Optical did not reveal the size of the joint venture, but said in a brief statement that the new company would manufacture digital cameras on behalf of clients in Japan, Taiwan and China. (Taipei Times, Taiwan -- Sports)
Malaysia sees up to 50,000 job losses this year Mar 18, 2009
Flagging demand for electronics, which account for 40% of Malaysias exports, has led several companies to announce job cuts including Flextronics International, Western Digital, Intel Corp and Japanese electronics company Panasonic Corp.. The Government has announced various measures to prop up local employment, but Yahya said foreigners would still be hired in the absence of local interest. (The Star Online, Malaysia -- Business)
Flextronics to cut jobs, close facilities Mar 11, 2009
NEW YORK: Flextronics International Ltd, the Singapore-based contract electronics manufacturer, said on Tuesday it is cutting jobs and closing facilities to cope with a weaker global economy. The company expects to save between $230 million and $260 million a year through a restructuring plan that will reduce the workforce and reduce operating costs. (India Times)
Flextronics to lay off 1,382 workers Mar 4, 2009
KUALA LUMPUR: Flextronics International, one of the world's largest contract manufacturers, is shutting an assembly plant in Malaysia and laying off 1,382 workers at the end of the month, a government official said on Tuesday. A spokeswoman from the retrenchment operations centre of the Ministry of Human Resources told Reuters Flextronics had notified it that it intends to lay off 1,382 workers from its assembly plant located in Shah Alam, a suburb of the capital Kuala Lumpur. (India Times)
NextLabs® Updates Leading Electronic Export Compliance Solution to Streamline ITAR Compliance Mar 3, 2009
NextLabs Updates Leading Electronic Export Compliance Solution to Streamline ITAR Compliance. NextLabs Updates Leading Electronic Export Compliance Solution to Streamline ITAR Compliance. (Yahoo News -- Press Releases)
Amazon expected to launch new Kindle model Feb 8, 2009
Mr. Lindsay said backlogs were likely due to Amazon's desire to control Kindle's deployment, adding that Flextronics International Ltd., which many believe manufactures the Kindle for Amazon, could produce them faster and cheaper. Keeping the Kindle scarce keeps the level of excitement high, and keeps people talking about Amazon, Mr. Lindsay added. (Globe and Mail -- Technology)