Flextronics quarterly profit falls on weak PC sales

July 25 Wed Jul 25, 2012 4:31pm EDT

July 25 (Reuters) - Flextronics International Ltd's quarterly profit fell as depressed PC sales lowered its revenue by 20 percent.

Net income for the first quarter fell to $128.5 million, or 20 cents per share, compared with $132 million, or 18 cents per share, a year earlier.

Revenue at the Singapore-based electronics manufacturer fell to $6 billion.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.