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Technology Stocks : Flextronics International (FLEX)
FLEX 62.94-3.5%12:21 PM EST

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To: Ken Zeller who wrote (645)4/21/1998 8:26:00 AM
From: Marantz  Read Replies (1) of 1422
 
Ericsson Outsources Installation of Construction Ops

STOCKHOLM -- Swedish telecommunications company
Telefon AB LM Ericsson (ERICY) said Tuesday that
Flextronics International Sweden AB will take over
Ericsson's telecom installation construction activities.

The agreement is in line with the efforts of Ericsson's
business area Infocom Systems to concentrate on core
business, Ericsson said.

The unit employs 60 people who will be offered
employment by Flextronics.

No financial details were provided.
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A big customer is becoming a bigger customer.

Marantz
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