Flextronics swings to 3Q profit from loss

Jan 28, 2010 Full story: The News Tribune

Medical laboratory operator Quest Diagnostics Inc. said Monday its profit grew 7 percent in the fourth quarter due to greater use of genetic and specialized tests.

Full Story

Guangdong, China

#1 Jan 28, 2010
Flextronics is a world leading EMS company. It has a plant located in Zhuhai, China. It is the biggest factory of Flextronics which supply manufacture service to Microsoft XBox 360. From Oct. 2009, internal steal cases happened again and again due to very bad security control. For example, in Nov. 2009, a batch of XBox 360 IC with value about USD500K has been stolen from the store. It is believed that the materails have been sold to black market and be used to manufacture fake XBox 360. The latest case is discovered in Jan. 2010. Totally value USD 15 Million XBox 360 harddisk/DVD Rom was stolen from Flextronics Zhuhai plant. It involved the store supervisor, security guard, transporation company and security staffs. It is an organzied criminal case. They use a truck to steal raw materails out. Two times a day. Totally lost about 60 trucks of materailas. The security guard and Flextronics security staff got bribe of RMB 300k from this case. Some of them have been detained by police. But this huge quantity of materails can't be recovered. More and more fake XBox 360 consoles will be produced very soon.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Citrix Systems Discussions

Title Updated Last By Comments
Citrix tops market for remote support software Sep '14 Seth Ashford 1
Pompano Beach City Commissioner: Barry Dockswell (Mar '08) Mar '13 rosemarie 4
Some Oversold Cloud Stocks Get A Lift (Oct '12) Jan '13 Nick Santiago 2
Workers want to telecommute because they can (Jun '09) Nov '09 Money On The Inte... 4
Cupid be wary of office romance (Feb '09) Feb '09 louie judd 29
Can love at work, work? Sure, but watch out for... (Feb '09) Feb '09 Lorno 1
Citrix to cut 500 workers (Jan '09) Jan '09 Concerned one 10
More from around the web