| [X] | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934  |
|-----|-------------------------------------------------------------------------------------------|

| [  ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934  |
|----------------|-----------------------------------------------------------------------------------------------|

| Delaware                                                       | 75-2668620                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) |

| Title of each class                                            | Name of each exchange on which registered |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------|
| Common Stock, $0.01 par value                                                                                                                                                                                                                                                         | NASDAQ Global Market                      |

| Large Accelerated Filer [  ] | Accelerated Filer [  ] | Non-Accelerated Filer [X] | Smaller Reporting Company [  ]  |
|----------------------------------------|----------------------------------|---------------------------|------------------------------------------------|

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TABLE OF CONTENTS

|                                   |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | Page   |   |
|----------------------------------------|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| PART I                                 |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |
|                                   | Item 1.  | Business                                                                                                                                                                                             |   |   | 3      |   |
|                                   | Item 1A. | Risk Factors                                                                                                                                                                                         |   |   | 12     |   |
|                                   | Item 1B. | Unresolved Staff Comments                                                                                                                                                                            |   |   | 24     |   |
|                                   | Item 2.  | Properties                                                                                                                                                                                           |   |   | 24     |   |
|                                   | Item 3.  | Legal Proceedings                                                                                                                                                                                    |   |   | 25     |   |
| PART II                                |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |
|                                   | Item 5.  | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities                                                                                                                                                                                                                                                                                      |   |   | 27     |   |
|                                   | Item 6.  | Selected Financial Data                                                                                                                                                                              |   |   | 29     |   |
|                                   | Item 7.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                                                                              |   |   | 30     |   |
|                                   | Item 7A. | Quantitative and Qualitative Disclosures About Market Risk                                                                                                                                           |   |   | 48     |   |
|                                   | Item 8.  | Financial Statements and Supplementary Data                                                                                                                                                          |   |   | 49     |   |
|                                   |     | Viasystems Group, Inc. and Subsidiaries Report of Independent Registered Public Accounting Firm                                                                                                      |   |   | 50     |   |
|                                   |     | Consolidated Balance Sheets                                                                                                                                                                          |   |   | 51     |   |
|                                   |     | Consolidated Statements of Operations                                                                                                                                                                |   |   | 52     |   |
|                                   |     | Consolidated Statements of Stockholders’ Equity (Deficit) and Comprehensive Income (Loss)                                                                                                                          |   |   | 53     |   |
|                                   |     | Consolidated Statements of Cash Flows                                                                                                                                                                |   |   | 54     |   |
|                                   |     | Notes to Consolidated Financial Statements                                                                                                                                                           |   |   | 55     |   |
|                                   | Item 9.  | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                                                                                                                                     |   |   | 80     |   |
|                                   | Item 9A. | Controls and Procedures                                                                                                                                                                              |   |   | 80     |   |
|                                   | Item 9B. | Other Information                                                                                                                                                                                    |   |   | 84     |   |
| PART III                               |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |
|                                   | Item 10. | Directors, Executive Officers and Corporate Governance                                                                                                                                               |   |   | 84     |   |
|                                   | Item 11. | Executive Compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   | 84     |   |
|                                   | Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters                                                                                                                           |   |   | 84     |   |
|                                   | Item 13. | Certain Relationships and Related Transactions, and Director Independence                                                                                                                                                |   |   | 84     |   |
|                                   | Item 14. | Principal Accountant Fees and Services                                                                                                                                                               |   |   | 84     |   |
| PART IV                                |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |
|                                   | Item 15. | Exhibits and Financial Statement Schedules                                                                                                                                                           |   |   | 84     |   |
|                                   |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |
| SIGNATURES                             |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 85     |   |
| EXHIBIT INDEX                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 86     |   |
| SUBSIDIARIES OF VIASYSTEMS GROUP, INC. |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 90     |   |
| CERTIFICATIONS                         |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 91     |   |

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PART I

Item 1.    Business

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|                                  |   | Year Ended December 31, |   |
|---------------------------------------|--------|------------------------------|--------|
| Markets                               |   | 2010                         |   |   | 2009 |   |   | 2008 |   |
| Automotive                            |   |                         | 35.8   | % |   |   | 38.4 | % |   |   | 37.4 | % |
| Industrial & instrumentation |   |                         | 23.7   |   |   |   | 26.1 |   |   |   | 26.6 |   |
| Telecommunications                    |   |                         | 23.5   |   |   |   | 26.0 |   |   |   | 25.9 |   |
| Computer and datacommunications       |   |                         | 13.1   |   |   |   | 9.5 |   |   |   | 10.1 |   |
| Military and aerospace                |   |                         | 3.9    |   |   |   | - |   |   |   | - |   |
| Total net sales                       |   |                         | 100.0  | % |   |   | 100.0 | % |   |   | 100.0 | % |

|                                                            |   | Year Ended December 31, |   |
|-----------------------------------------------------------------|--------|------------------------------|--------|
| Customer                                                        |   | 2010                         |   |   | 2009 |   |   | 2008 |   |
| Bosch Group                                                     |   |                         | 13.3   | % |   |   | 13.7 | % |   |   | 11.2 | % |
| Alcatel-Lucent SA                                               |   |                         | (a)    |   |   |   | 14.2 |   |   |   | 16.3 |   |
| Continental AG                                                  |   |                         | (a)    |   |   |   | 11.8 |   |   |   | 13.4 |   |
| General Electric Company                                        |   |                         | (a)    |   |   |   | 11.4 |   |   |   | 10.2 |   |
|                                                            |   |
| (a) Represents less than ten percent of consolidated net sales. |   |

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Item 1A.     Risk Factors

| • | overall economic conditions in the electronics industry and global economy; |
|---------|-----------------------------------------------------------------------------|
| • | pricing pressures;                                                          |
| • | timing of orders from and shipments to major customers;                     |
| • | our capacity relative to the volume of orders;                              |
| • | expenditures in anticipation of future sales;                               |
| • | expenditures or write-offs related to acquisitions;                         |
| • | expenditures or write-offs related to restructuring activities;             |
| • | start-up expenses relating to new manufacturing facilities; and             |
| • | variations in product mix.                                                  |

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|   | • | the effects of a mix of profits or losses earned in numerous tax jurisdictions with a broad range of income tax rates; |
|--------|---------|------------------------------------------------------------------------------------------------------------------------|
|   | • | our ability to utilize net operating losses;                                                                           |
|   | • | our ability to allocate expenses of our U.S. corporate headquarters to overseas subsidiaries;                          |
|   | • | changes in contingencies related to taxes, interest or penalties resulting from tax audits; and                        |
|   | • | changes in tax laws or the interpretation of such laws.                                                                |

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|   | • | adversely affect our operating results by reducing the volume of products that we manufacture for our customers;  |
|--------|---------|-------------------------------------------------------------------------------------------------------------------|
|   | • | delay or eliminate recoupment of our expenditures for inventory purchased in preparation for customer orders; and |
|   | • | lower our asset utilization, which would result in lower gross margins.                                           |

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|   | • | inflation or changes in political and economic conditions;                                      |
|--------|---------|-------------------------------------------------------------------------------------------------|
|   | • | unstable regulatory environments;                                                               |
|   | • | changes in import and export duties;                                                            |
|   | • | domestic and foreign customs and tariffs;                                                       |
|   | • | potentially adverse tax consequences;                                                           |
|   | • | trade restrictions;                                                                             |
|   | • | restrictions on the transfer of funds into or out of a country;                                 |
|   | • | labor unrest;                                                                                   |
|   | • | logistical and communications challenges;                                                       |
|   | • | difficulties associated with managing a large organization spread throughout various countries; |
|   | • | differing protection of intellectual property and trade secrets; and                            |
|   | • | burdensome taxes and other restraints.                                                          |

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|   | • | restrictions on the ability of our stockholders to call a special meeting and the business that can be conducted at such meeting;                                                                                                                                                                                                                                                |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | • | our ability to issue preferred stock with terms that the board of directors may determine, without stockholder approval;                                                                                                                                                                                                                                                         |
|   | • | the absence of cumulative voting in the election of directors;                                                                                                                                                                                                                                                                                                                   |
|   | • | a prohibition of action by written consent of stockholders unless such action is approved by all stockholders; providing, however, that if VG Holdings owns 50% or more of our outstanding capital stock, then action may be taken by the stockholders by written consent if signed by stockholders having not less than the minimum of votes necessary to take such action; and |
|   | • | advance notice requirements for stockholder proposals and nominations.                                                                                                                                                                                                                                                                                                           |

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|   | • | market conditions in the broader stock market;                                          |
|--------|---------|-----------------------------------------------------------------------------------------|
|   | • | actual or anticipated fluctuations in our quarterly financial and operating results;    |
|   | • | introduction of new products or services by us or our competitors;                      |
|   | • | issuance of new or changed securities analysts’ reports or recommendations;       |
|   | • | investor perceptions of us and the electronics industry or telecommunications industry; |
|   | • | sales, or anticipated sales, of large blocks of our stock;                              |
|   | • | additions or departures of key personnel;                                               |
|   | • | regulatory or political developments;                                                   |
|   | • | litigation and governmental investigations; and                                         |
|   | • | changing economic conditions.                                                           |

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|   | • | result in our inability to comply with the financial and other restrictive covenants in our credit facilities;                                                                                                                                             |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | • | increase our vulnerability to adverse industry and general economic conditions;                                                                                                                                                                            |
|   | • | require us to dedicate a substantial portion of our cash flow from operations to make scheduled principal payments on our debt, thereby reducing the availability of our cash flow for working capital, capital investments and other business activities; |
|   | • | limit our ability to obtain additional financing to fund future working capital, capital investments and other business activities;                                                                                                                        |
|   | • | limit our ability to refinance our indebtedness on terms that are commercially reasonable, or at all;                                                                                                                                                      |
|   | • | expose us to the risk of interest rate fluctuations to the extent we pay interest at variable rates on the debt;                                                                                                                                           |
|   | • | limit our flexibility to plan for, and react to, changes in our business and industry; and                                                                                                                                                                 |
|   | • | place us at a competitive disadvantage relative to our less leveraged competitors.                                                                                                                                                                         |

|   | • | our business will generate sufficient cash flow from operations;                                                                         |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------|
|   | • | we will realize the cost savings, revenue growth and operating improvements related to the execution of our long-term strategic plan; or |
|   | • | future sources of funding will be available to us in amounts sufficient to enable us to fund our liquidity needs.                        |

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Item 1B.     Unresolved Staff Comments

Item 2.        Properties

|                 |   |        |      |   |     |       |                            |                                                                                                                    |
|----------------------|--------|-------------|-----------|--------|----------|------------|---------------------------------|-------------------------------------------------------------------------------------------------------------------------|
|                 |   | Size (Appx. |      |   | Type of  |       |                            |
| Location             |   | Sq. Ft.)    |      |   | Interest |       | Description of Primary Products |
| United States        |   |        |      |   |     |       |                            |                                                                                                                    |
| Forest Grove, Oregon |   |        | 310,500   |   |     | Owned      |                            | PCB fabrication and warehousing                                                                                         |
| San Jose, California |   |        | 40,000    |   |     | Leased     |                            | PCB fabrication and warehousing                                                                                         |
| El Paso, Texas       |   |        | 29,000    |   |     | Leased     |                            | Warehousing and distribution of E-M Solutions products, backpanel assemblies, full system assemblies and PCB assemblies |
|                 |   |        |      |   |     |       |                            |                                                                                                                    |
| Mexico               |   |        |      |   |     |       |                            |                                                                                                                    |
| Juarez, Mexico       |   |        | 90,000    |   |     | Leased     |                            | Backpanel assembly, PCB assembly, custom metal enclosure fabrication, and full system assembly and test                 |
|                 |   |        |      |   |     |       |                            |                                                                                                                    |
| Asia                 |   |        |      |   |     |       |                            |                                                                                                                    |
| Guangzhou, China     |   |        | 2,250,000 |   |     | Owned (a)  |                            | PCB and backpanel fabrication                                                                                           |
|                 |   |        | 106,000   |   |     | Leased     |                            |                                                                                                                    |
| Zhongshan, China     |   |        | 799,000   |   |     | Owned (a)  |                            | PCB fabrication                                                                                                         |
| Huiyang, China       |   |        | 250,000   |   |     | Owned (a)  |                            | PCB fabrication and warehousing                                                                                         |
| Huizhou, China       |   |        | 135,000   |   |     | Leased (b) |                            | PCB fabrication and warehousing                                                                                         |
| Shanghai, China      |   |        | 430,000   |   |     | Owned (a)  |                            | Custom metal enclosure fabrication, backpanel assembly, PCB assembly and full system assembly and test                  |
| Shenzhen, China      |   |        | 286,000   |   |     | Leased     |                            | Custom metal enclosure fabrication, PCB assembly and full system assembly and test                                      |
| Qingdao, China       |   |        | 93,000    |   |     | Leased     |                            | Full system assembly and test/cable assembly                                                                            |
| Hong Kong            |   |        | 53,000    |   |     | Owned      |                            | Warehousing and distribution of PCBs, backpanel assemblies, full system assemblies and PCB assemblies                   |

|   |   |                                                                                                                                                                                       |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a)    |   | Although these facilities are owned, we lease the underlying land pursuant to land use rights agreements with the Chinese government, which expire from 2043 to 2050.                      |
|   |   |                                                                                                                                                                                       |
| (b)    |   | The area where this facility is located is being redeveloped away from industrial use, and we believe it is unlikely we will be able to achieve future renewals of this lease beyond 2012. |

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Item 3.  Legal Proceedings

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Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

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|                             |   | Share Price |   |
|----------------------------------|--------|-------------|--------|
| 2010                             |   | High        |   |   | Low |   |
| First Quarter (from February 17) |   | $           | 22.50  |   |   | $ | 19.00 |   |
| Second Quarter                   |   |        | 22.80  |   |   |   | 14.29 |   |
| Third Quarter                    |   |        | 17.69  |   |   |   | 13.49 |   |
| Fourth Quarter                   |   |        | 21.19  |   |   |   | 14.89 |   |

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Item 6.   Selected Financial Data

|                                                                                                                                                                                                                                                                                                                                                                                                      |   | Year Ended December 31,                          |       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                      |   | 2010 (1)                                         |       |   | 2009 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   | (dollars in thousands, except per share amounts) |       |
| Statements of Operations Data:                                                                                                                                                                                                                                                                                                                                                                            |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |
| Net sales                                                                                          |   | $                                                | 929,250    |   |   | $ | 496,447 |   |   | $ | 712,830 |   |   | $ | 714,343 |   |   | $ | 734,992 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses:                                                                                                                                                                                                                                                                                                                                                                                       |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold (2)                                                                                       |   |                                             | 718,710    |   |   |   | 398,144 |   |   |   | 568,356 |   |   |   | 570,384 |   |   |   | 601,232 |   |
| Selling, general and administrative (2)                                                                                                                                                                                                                                                                                                                                                                   |   |                                             | 77,458     |   |   |   | 45,073 |   |   |   | 52,475 |   |   |   | 58,215 |   |   |   | 56,339 |   |
| Depreciation                                                                                                 |   |                                             | 56,372     |   |   |   | 50,161 |   |   |   | 53,285 |   |   |   | 49,704 |   |   |   | 45,422 |   |
| Amortization                                                                                                 |   |                                             | 1,710      |   |   |   | 1,191 |   |   |   | 1,243 |   |   |   | 1,269 |   |   |   | 1,325 |   |
| Restructuring and impairment (3)                                                                             |   |                                             | 8,518      |   |   |   | 6,626 |   |   |   | 15,069 |   |   |   | 278 |   |   |   | (4,915 | ) |
| Operating income (loss)                                                                            |   |                                             | 66,482     |   |   |   | (4,748 | ) |   |   | 22,402 |   |   |   | 34,493 |   |   |   | 35,589 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other expense (income):                                                                                                                                                                                                                                                                                                                                                                                   |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense, net                                                                                        |   |                                             | 30,871     |   |   |   | 34,399 |   |   |   | 31,585 |   |   |   | 30,573 |   |   |   | 38,768 |   |
| Amortization of deferred financing costs                                                                                                                                                                                                                                                                                                                                                                  |   |                                             | 1,994      |   |   |   | 1,954 |   |   |   | 2,063 |   |   |   | 2,065 |   |   |   | 1,678 |   |
| Loss on early extinguishment of debt (4)                                                                                                                                                                                                                                                                                                                                                                  |   |                                             | 706        |   |   |   | 2,357 |   |   |   | - |   |   |   | - |   |   |   | 1,498 |   |
| Other, net                                                                                                   |   |                                             | 1,233      |   |   |   | 3,502 |   |   |   | (711 | ) |   |   | 277 |   |   |   | 742 |   |
| Income (loss) before income taxes                                                                  |   |                                             | 31,678     |   |   |   | (46,960 | ) |   |   | (10,535 | ) |   |   | 1,578 |   |   |   | (7,097 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income taxes                                                                                       |   |                                             | 16,082     |   |   |   | 7,757 |   |   |   | 4,938 |   |   |   | (6,853 | ) |   |   | 18,514 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from continuing operations (5)                                                                                                                                                                                                                                                                                                                                                              |   |                                             | 15,596     |   |   |   | (54,717 | ) |   |   | (15,473 | ) |   |   | 8,431 |   |   |   | (25,611 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income from discontinued operations, net (2) (5)                                                                                                                                                                                                                                                                                                                                                          |   |                                             | -          |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 9,475 |   |
| Gain on disposition of discontinued operations, net (5)                                                                                                                                                                                                                                                                                                                                                   |   |                                             | -          |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 214,085 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net (loss) income                                                                                  |   |                                             | 15,596     |   |   |   | (54,717 | ) |   |   | (15,473 | ) |   |   | 8,431 |   |   |   | 197,949 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income attributable to noncontrolling interest                                                                                                                                                                                                                                                                                                                                                        |   |                                             | 2,044      |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Accretion of Class B Senior Convertible preferred stock                                                                                                                                                                                                                                                                                                                                                   |   |                                             | 1,053      |   |   |   | 8,515 |   |   |   | 7,829 |   |   |   | 7,203 |   |   |   | 6,633 |   |
| Conversion of Mandatory Redeemable Class A Junior preferred stock (7)                                                                                                                                                                                                                                                                                                                                     |   |                                             | 29,717     |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Conversion of Redeemable Class B Senior Convertible preferred stock (7)                                                                                                                                                                                                                                                                                                                                   |   |                                             | 105,021    |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Net (loss) income available to common stockholders                                                                                                                                                                                                                                                                                                                                                        |   | $                                                | (122,239   | ) |   | $ | (63,232 | ) |   | $ | (23,302 | ) |   | $ | 1,228 |   |   | $ | 191,316 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted (loss) income per share from continuing operations                                                                                                                                                                                                                                                                                                                                      |   | $                                                | (6.81      | ) |   | $ | (26.18 | ) |   | $ | (9.65 | ) |   | $ | 0.51 |   |   | $ | (13.35 | ) |
| Shares used in basic and diluted share calculations                                                          |   |                                             | 17,953,233 |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance Sheet Data (at period end):                                                                                                                                                                                                                                                                                                                                                                       |   |                                             |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                                                                                    |   | $                                                | 103,599    |   |   | $ | 108,993 |   |   | $ | 83,053 |   |   | $ | 64,002 |   |   | $ | 37,954 |   |
| Restricted cash (6)                                                                                          |   |                                             | -          |   |   |   | 105,734 |   |   |   | 303 |   |   |   | 303 |   |   |   | 1,000 |   |
| Working capital                                                                                              |   |                                             | 134,285    |   |   |   | 113,608 |   |   |   | 119,118 |   |   |   | 110,460 |   |   |   | 95,475 |   |
| Total assets                                                                                                 |   |                                             | 780,573    |   |   |   | 657,238 |   |   |   | 585,238 |   |   |   | 628,429 |   |   |   | 625,085 |   |
| Total debt, including current maturities                                                                                                                                                                                                                                                                                                                                                                  |   |                                             | 225,397    |   |   |   | 330,880 |   |   |   | 220,663 |   |   |   | 206,613 |   |   |   | 206,914 |   |
| Mandatory Redeemable Class A Junior preferred stock  (7)                                                                                   |   |                                             | -          |   |   |   | 118,836 |   |   |   | 108,096 |   |   |   | 98,326 |   |   |   | 89,439 |   |
| Redeemable Class B Senior Convertible preferred stock (7)                                                                   |   |                                             | -          |   |   |   | 98,327 |   |   |   | 89,812 |   |   |   | 81,983 |   |   |   | 74,780 |   |
| Stockholders’ equity (deficit) (8)                                                                     |   |                                             | 257,105    |   |   |   | (58,040 | ) |   |   | 582 |   |   |   | 26,141 |   |   |   | 32,844 |   |

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| (1)  | Financial data as of and for the year ended December 31, 2010, reflects the acquisition of Merix Corporation on February 16, 2010.  See Note 3 to the consolidated financial statements. |
|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)  | Stock compensation expense included in cost of goods sold and selling, general and administrative expenses for the years ended December 31, 2010, 2009, 2008, 2007, and 2006 was $2,871, $948, $615, $2,085, and $1,400, respectively.  Stock compensation expense included in income from discontinued operations, net for the years ended December 31, 2010, 2009, 2008, 2007, and 2006 was $0, $0, $0, $0, and $105, respectively. |
|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)  | Represents restructuring charges taken to downsize and close facilities, and impairment losses related to the write-off of long-lived assets.  In 2006, restructuring and impairment includes realized gains of $5,463 related to property held for sale that was disposed of in 2006.  See “Management's Discussion and Analysis of Financial Condition and Results of Operations” and the accompanying notes to the consolidated financial statements. |
|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4)  | In connection with the repurchase of $105,876 par value of our 2011 Notes in 2010, the repurchase of $94,124 par value of our 2011 Notes and the termination of our 2006 credit facility in 2009, and the termination of our 2003 credit facility in 2006, we recorded losses on early extinguishment of debt of $706, $2,357 and $1,498, respectively. |
|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5)   | On May 1, 2006, we sold our wire harness business. |
|-----------------|----------------------------------------------------|

| (6)   | Restricted cash of $105,734 as of December 31, 2009, was held in escrow for the redemption of our 2011 Notes, which occurred in January 2010. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------|

| (7)   | The Mandatory Redeemable Class A Junior preferred stock and the Redeemable Class B Senior Convertible preferred stock were reclassified as, and converted into, common stock in February 2010. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8)   | On January 1, 2007, we recorded a $10,213 increase in the net liability for unrecognized tax positions, which was recorded as a cumulative effect adjustment to the opening balance of accumulated deficit.  During the fourth quarter of 2006, we adopted the SEC’s Staff Accounting Bulletin No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements (“SAB No. 108”).  As a result of the adoption of SAB No. 108, we recorded an $8,628 cumulative effect adjustment to accumulated deficit on January 1, 2006. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Item 7

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|                                  |   | Historical |   |   | Pro Forma |   |
|---------------------------------------|--------|------------|--------|--------|-----------|--------|
| End-User Market (dollars in millions) |   | 2010       |   |   | 2009      |   |   | 2010 |   |   | 2009 |   |
| Automotive                            |   | $          | 332.8  |   |      | $      | 191.0 |   |   | $ | 341.0 |   |   | $ | 241.1 |   |
| Industrial & Instrumentation |   |       | 220.2  |   |      |   | 129.6 |   |   |   | 229.5 |   |   |   | 172.6 |   |
| Telecommunications                    |   |       | 218.4  |   |      |   | 128.8 |   |   |   | 230.1 |   |   |   | 203.4 |   |
| Computer and Datacommunications       |   |       | 121.7  |   |      |   | 47.0 |   |   |   | 129.3 |   |   |   | 93.3 |   |
| Military and Aerospace                |   |       | 36.2   |   |      |   | - |   |   |   | 41.3 |   |   |   | 34.7 |   |
| Total Net Sales                       |   | $          | 929.3  |   |      | $      | 496.4 |   |   | $ | 971.2 |   |   | $ | 745.1 |   |

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|                          |   | Historical |   |   |   Pro Forma |   |
|-------------------------------|--------|------------|--------|--------|------------------|--------|
| Segment (dollars in millions) |   | 2010       |   |   | 2009             |   |   |   2010 | 2009 |   |   |
| Printed Circuit Boards        |   | $          | 763.9  |   |             | $      | 350.3 |   |   | $ | 805.8 |   |   | $ | 599.0 |   |
| Assembly                      |   |       | 177.3  |   |             |   | 141.7 |   |   |   | 177.3 |   |   |   | 141.7 |   |
| Other                         |   |       | -      |   |             |   | 14.1 |   |   |   | - |   |   |   | 14.1 |   |
| Eliminations                  |   |       | (11.9  | )      |             |   | (9.7 | ) |   |   | (11.9 | ) |   |   | (9.7 | ) |
|  Total net sales         |   | $          | 929.3  |   |             | $      | 496.4 |   |   | $ | 971.2 |   |   | $ | 745.1 |   |
|                          |   |       |   |   |             |   |   |   |   |   |   |

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| Restructuring Activity (dollars in millions)    |   | 2010   |   |   | 2009   |   |
|-------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Personnel and severance                         |   | $      | 3.0    |   |   | $      | 0.6 |   |
| Lease and other contractual commitment expenses |   |   | 5.5    |   |   |   | 5.1 |   |
| Asset impairments                               |   |   | -      |   |   |   | 0.9 |   |
| Total expense, net                              |   | $      | 8.5    |   |   | $      | 6.6 |   |

| Source (dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | 2010   |   |   | 2009   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Printed Circuit Boards segment                                                                                      |   | $      | 68.9   |   |   | $      | 3.3 |   |
| Assembly segment                                                                                                    |   |   | 6.2    |   |   |   | 4.1 |   |
| Other                                                                                                               |   |   | (8.6   | )      |   |   | (12.1 | ) |
| Operating income (loss)                                                                                                            |   | $      | 66.5   |   |   | $      | (4.7 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | December 31, |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|
| Source (dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 2010              |   |   | 2009 |   |
| Operating (loss) income                                                                                      |   | $                 | 66.5   |   |   | $ | (4.7 | ) |
| Add-back:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |              |   |   |   |   |   |   |
| Depreciation and amortization                                                                                          |   |              | 58.1   |   |   |   | 51.4 |   |
| Restructuring and impairment                                                                                           |   |              | 8.5    |   |   |   | 6.6 |   |
| Non-cash stock compensation expense                                                                                    |   |              | 2.9    |   |   |   | 0.9 |   |
| Costs related to the merger                                                                                            |   |              | 5.6    |   |   |   | 4.0 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | $                 | 141.6  |   |   | $ | 58.2 |   |

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| End-User Market (dollars in millions) |   | 2009   |   |   | 2008   |   |
|---------------------------------------|--------|--------|--------|--------|--------|--------|
| Automotive                            |   | $      | 191.0  |   |   | $      | 266.6 |   |
| Industrial & Instrumentation |   |   | 129.6  |   |   |   | 189.7 |   |
| Telecommunications                    |   |   | 128.8  |   |   |   | 184.2 |   |
| Computer and Datacommunications       |   |   | 47.0   |   |   |   | 72.3 |   |
|     Total net sales    |   | $      | 496.4  |   |   | $      | 712.8 |   |

| Segment (dollars in millions)                                                                                                                                                                                                                                |   | 2009   |   |   | 2008   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Printed Circuit Boards                                                                                                                                                                                                                                       |   | $      | 350.3  |   |   | $      | 489.8 |   |
| Assembly (a)                                                                                                                                                                                                                                                 |   |   | 141.7  |   |   |   | 196.6 |   |
| Other (a)                                                                                                                                                                                                                                                    |   |   | 14.1   |   |   |   | 46.0 |   |
| Eliminations                                                                                                                                                                                                                                                 |   |   | (9.7   | )      |   |   | (19.6 | ) |
|  Total net sales                                                                                                                                                                                                                                        |   | $      | 496.4  |   |   | $      | 712.8 |   |
|                                                                                                                                                                                                                                                         |   |
| (a) With the closure of the Milwaukee Facility in 2009, we reclassified the operating results of the Milwaukee Facility from Assembly to “Other.” Segment results for all periods presented have been reclassified for comparison purposes. |   |

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| Restructuring Activity (dollars in millions)    |   | 2009   |   |   | 2008   |   |
|-------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Personnel and severance                         |   | $      | 0.6    |   |   | $      | 9.5 |   |
| Lease and other contractual commitment expenses |   |   | 5.1    |   |   |   | - |   |
| Asset impairments                               |   |   | 0.9    |   |   |   | 5.6 |   |
| Total expense, net                              |   | $      | 6.6    |   |   | $      | 15.1 |   |

| Source (dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | 2009   |   |   | 2008   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Printed Circuit Boards segment                                                                                      |   | $      | 3.3    |   |   | $      | 23.8 |   |
| Assembly segment (a)                                                                                                |   |   | 4.1    |   |   |   | 8.8 |   |
| Other (a)                                                                                                           |   |   | (12.1  | )      |   |   | (10.2 | ) |
| Operating (loss) income                                                                                                            |   | $      | (4.7   | )      |   | $      | 22.4 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| (a)  With the closure of the Milwaukee Facility in 2009, we reclassified the operating results of the Milwaukee Facility from Assembly to “Other.” Segment results for all periods presented have been reclassified for comparison purposes.                                                                                                                                                                                                                                                                                           |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | December 31, |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|
| Source (dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 2009              |   |   | 2008 |   |
| Operating (loss) income                                                                                                  |   | $                 | (4.7   | ) |   | $ | 22.4 |   |
| Add-back:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |              |   |   |   |   |   |   |
| Depreciation and amortization                                                                                            |   |              | 51.4   |   |   |   | 54.5 |   |
| Restructuring and impairment                                                                                             |   |              | 6.6    |   |   |   | 15.1 |   |
| Non-cash stock compensation expense                                                                                      |   |              | 0.9    |   |   |   | 0.6 |   |
| Costs related to the merger                                                                                              |   |              | 4.0    |   |   |   | - |   |
| Adjusted EBITDA                                                                                                          |   | $                 | 58.2   |   |   | $ | 92.6 |   |

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|                                          |   | Payments due by period |   |
|-----------------------------------------------|--------|------------------------|--------|
|                                          |   | Less than              |   |   | 1-3 |   |   | 3-5 |   |   | More than |   |   |   |   |
| Contractual Obligations (dollars in millions) |   | 1 year                 |   |   | years |   |   | years |   |   | 5 years |   |   | Total |   |
| 2015 Notes                                    |   | $                      | -      |   |   | $ | - |   |   | $ | 220.0 |   |   | $ | - |   |   | $ | 220.0 |   |
| Interest on 2015 Notes                        |   |                   | 26.4   |   |   |   | 52.8 |   |   |   | 39.6 |   |   |   | - |   |   |   | 118.8 |   |
| 2013 Notes                                    |   |                   | -      |   |   |   | 0.9 |   |   |   | - |   |   |   | - |   |   |   | 0.9 |   |
| Interest on 2013 Notes                        |   |                   | -      |   |   |   | 0.1 |   |   |   | - |   |   |   | - |   |   |   | 0.1 |   |
| Capital lease payments                        |   |                   | 0.4    |   |   |   | 0.2 |   |   |   | 0.2 |   |   |   | 0.6 |   |   |   | 1.4 |   |
| Operating leases                              |   |                   | 4.2    |   |   |   | 3.4 |   |   |   | 2.1 |   |   |   | 6.1 |   |   |   | 15.8 |   |
| Restructuring payments                        |   |                   | 0.8    |   |   |   | 0.4 |   |   |   | 0.2 |   |   |   | 1.0 |   |   |   | 2.4 |   |
| Management fees                               |   |                   | 0.8    |   |   |   | 1.1 |   |   |   | 0.7 |   |   |   | 12.4 |   |   |   | 15.0 |   |
| Deferred compensation                         |   |                   | 0.2    |   |   |   | 0.2 |   |   |   | 0.2 |   |   |   | 1.5 |   |   |   | 2.1 |   |
| Purchase orders                               |   |                   | 58.7   |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 58.7 |   |
| Total (a)                                     |   | $                      | 91.5   |   |   | $ | 59.1 |   |   | $ | 263.0 |   |   | $ | 21.6 |   |   | $ | 435.2 |   |
|                                          |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |

|   |   |                                                                                                                                                                                                                                                             |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a)    |   | The liability for unrecognized tax benefits of $27.0 million included in other non-current liabilities at December 31, 2010, has been excluded from the above table as we cannot make a reasonably reliable estimate of the timing of future payments. |
|   |   |                                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                             |

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Item 7A.    Quantitative 

Item 8.    Financial 

| Viasystems Group, Inc. & Subsidiaries                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| Report of Independent Registered Public Accounting Firm                                                                                                                                 |   |   | 50     |   |
| Consolidated Balance Sheets as of December 31, 2010 and 2009                                                                                                                            |   |   | 51     |   |
| Consolidated Statements of Operations for the years ended December 31, 2010, 2009 and 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   | 52     |   |
| Consolidated Statements of Stockholders’ Equity (Deficit) and Comprehensive Income (Loss) for the years ended December 31, 2010, 2009 and 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   | 53     |   |
| Consolidated Statements of Cash Flows for the years ended December 31, 2010, 2009 and 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   | 54     |   |
| Notes to Consolidated Financial Statements                                                                                                                                              |   |   | 55     |   |

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Report of Independent 

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BALANCE SHEETS

|                                                                                                                               |   | December 31, |       |
|------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|
| ASSETS                                                                                                                             |   | 2010              |       |   | 2009 |   |
| Current assets:                                                                                                                    |   |              |       |   |   |   |
| Cash and cash equivalents                                                                                                          |   | $                 | 103,599    |   |   | $ | 108,993 |   |
| Restricted cash                                                                                                                    |   |              | -          |   |   |   | 105,734 |   |
| Accounts receivable, net                                                                                                           |   |              | 169,247    |   |   |   | 89,512 |   |
| Inventories                                                                                                                        |   |              | 94,877     |   |   |   | 49,197 |   |
| Deferred taxes                                                                                                                     |   |              | 1,956      |   |   |   | 3,115 |   |
| Prepaid expenses and other                                                                                                         |   |              | 20,984     |   |   |   | 8,273 |   |
| Total current assets                                                                                                               |   |              | 390,663    |   |   |   | 364,824 |   |
| Property, plant and equipment, net                                                                                                 |   |              | 273,113    |   |   |   | 199,044 |   |
| Goodwill                                                                                                                           |   |              | 97,589     |   |   |   | 79,485 |   |
| Intangible assets, net                                                                                                             |   |              | 9,094      |   |   |   | 4,676 |   |
| Deferred financing costs, net                                                                                                      |   |              | 7,607      |   |   |   | 7,986 |   |
| Other assets                                                                                                                       |   |              | 2,507      |   |   |   | 1,223 |   |
| Total assets                                                                                                                       |   | $                 | 780,573    |   |   | $ | 657,238 |   |
|                                                                                                                               |   |              |       |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY                                                                               |   |              |       |   |   |   |   |   |
| Current liabilities:                                                                                                               |   |              |       |   |   |   |   |   |
| Current maturities of long-term debt                                                                                               |   | $                 | 10,258     |   |   | $ | 118,207 |   |
| Accounts payable                                                                                                                   |   |              | 162,322    |   |   |   | 90,661 |   |
| Accrued and other liabilities                                                                                                      |   |              | 79,188     |   |   |   | 38,751 |   |
| Income taxes payable                                                                                                               |   |              | 4,610      |   |   |   | 3,597 |   |
| Total current liabilities                                                                                                          |   |              | 256,378    |   |   |   | 251,216 |   |
| Long-term debt, less current maturities                                                                                            |   |              | 215,139    |   |   |   | 212,673 |   |
| Mandatory redeemable Class A Junior preferred stock                                                                           |   |              | -          |   |   |   | 118,836 |   |
| Other non-current liabilities                                                                                                      |   |              | 51,951     |   |   |   | 34,226 |   |
| Total liabilities                                                                                                                  |   |              | 523,468    |   |   |   | 616,951 |   |
|                                                                                                                               |   |              |       |   |   |   |   |   |
| Redeemable Class B Senior Convertible preferred stock                                                                         |   |              | -          |   |   |   | 98,327 |   |
|                                                                                                                               |   |              |       |   |   |   |   |   |
| Commitments and contingencies                                                                                                      |   |              |       |   |   |   |   |   |
|                                                                                                                               |   |              |       |   |   |   |   |   |
| Stockholders’ equity (deficit):                                                                                              |   |              |       |   |   |   |   |   |
| Common stock, $0.01 par value, 100,000,000 shares authorized; 20,238,085 and2,415,266 shares issued and outstanding |   |              | 202        |   |   |   | 24 |   |
| Paid-in capital                                                                                                                    |   |              | 2,376,197  |   |   |   | 1,944,413 |   |
| Accumulated deficit                                                                                                                |   |              | (2,131,255 | ) |   |   | (2,010,069 | ) |
| Accumulated other comprehensive income                                                                                             |   |              | 7,696      |   |   |   | 7,592 |   |
| Total Viasystems stockholders’ equity (deficit)                                                                              |   |              | 252,840    |   |   |   | (58,040 | ) |
| Noncontrolling interest                                                                                                            |   |              | 4,265      |   |   |   | - |   |
| Total stockholders’ equity (deficit)                                                                                         |   |              | 257,105    |   |   |   | (58,040 | ) |
| Total liabilities and stockholders’ equity (deficit)                                                                         |   | $                 | 780,573    |   |   | $ | 657,238 |   |

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OPERATIONS

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | Year Ended December 31, |       |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 2010                         |       |   | 2009 |   |   | 2008 |   |
| Net sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | $                            | 929,250    |   |   | $ | 496,447 |   |   | $ | 712,830 |   |
| Operating expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                         |       |   |   |   |   |   |   |   |   |   |
| Cost of goods sold, exclusive of items shown separately below                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                         | 718,710    |   |   |   | 398,144 |   |   |   | 568,356 |   |
| Selling, general and administrative                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                         | 77,458     |   |   |   | 45,073 |   |   |   | 52,475 |   |
| Depreciation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                         | 56,372     |   |   |   | 50,161 |   |   |   | 53,285 |   |
| Amortization                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                         | 1,710      |   |   |   | 1,191 |   |   |   | 1,243 |   |
| Restructuring and impairment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                         | 8,518      |   |   |   | 6,626 |   |   |   | 15,069 |   |
| Operating income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                         | 66,482     |   |   |   | (4,748 | ) |   |   | 22,402 |   |
| Other expense:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                         |       |   |   |   |   |   |   |   |   |   |
| Interest expense, net                                                                                                             |   |                         | 30,871     |   |   |   | 34,399 |   |   |   | 31,585 |   |
| Amortization of deferred financing costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                         | 1,994      |   |   |   | 1,954 |   |   |   | 2,063 |   |
| Loss on early extinguishment of debt                                                                                              |   |                         | 706        |   |   |   | 2,357 |   |   |   | - |   |
| Other, net                                                                                                                        |   |                         | 1,233      |   |   |   | 3,502 |   |   |   | (711 | ) |
| Income (loss) before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                         | 31,678     |   |   |   | (46,960 | ) |   |   | (10,535 | ) |
| Income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                         | 16,082     |   |   |   | 7,757 |   |   |   | 4,938 |   |
| Net income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | $                            | 15,596     |   |   | $ | (54,717 | ) |   | $ | (15,473 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                         |       |   |   |   |   |   |   |   |   |   |
| Less:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                         |       |   |   |   |   |   |   |   |   |   |
| Net income attributable to noncontrolling interest                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | $                            | 2,044      |   |   | $ | - |   |   | $ | - |   |
| Accretion of Redeemable Class B Senior Convertible preferred stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                         | 1,053      |   |   |   | 8,515 |   |   |   | 7,829 |   |
| Conversion of Mandatory Redeemable Class A Junior preferred stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                         | 29,717     |   |   |   | - |   |   |   | - |   |
| Conversion of Redeemable Class B Senior Convertible preferred stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                         | 105,021    |   |   |   | - |   |   |   | - |   |
| Net loss attributable to common stockholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                            | (122,239   | ) |   | $ | (63,232 | ) |   | $ | (23,302 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                         |       |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                         |       |   |   |   |   |   |   |   |   |   |
| Basic and diluted loss per share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | $                            | (6.81      | ) |   | $ | (26.18 | ) |   | $ | (9.65 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                         |       |   |   |   |   |   |   |   |   |   |
| Basic and diluted weighted average shares outstanding                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                         | 17,953,233 |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |

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STOCKHOLDERS’

|                                                                           |   | CommonStock Shares |       |   | CommonStock at Par |   |   | Paid-inCapital |   |   | AccumulatedDeficit |   |   | AccumulatedOtherComprehensiveIncome (Loss) |       |   | Non-Controlling Interest |   |   | Total  |   |
|--------------------------------------------------------------------------------|--------|--------------------|------------|--------|--------------------|--------|--------|----------------|--------|--------|--------------------|--------|--------|--------------------------------------------|------------|--------|--------------------------|--------|--------|--------|--------|
| Balance at December 31, 2007                                              |   |               | 2,415,266  |   |               | $      | 24     |           |   | $      | 1,959,194          |   |   | $                                          | (1,939,879 | )      |                     | $      | 6,802  |   |   | $ | - |   |   | $ | 26,141 |   |
| Comprehensive income (loss):                                                   |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                                       |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | (15,473    | )      |                     |   | -      |   |   |   | - |   |   |   | (15,473 | ) |
| Change in fair value of derivatives, net of taxes of $0                        |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | -          |   |                     |   | (2,872 | )      |   |   | - |   |   |   | (2,872 | ) |
| Total comprehensive loss                                                       |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   | (18,345 | ) |
| Accretion of Class B Senior Convertible preferred stock                   |   |               | -          |   |               |   | -      |           |   |   | (7,829             | )      |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | (7,829 | ) |
| Stock compensation expense                                                     |   |               | -          |   |               |   | -      |           |   |   | 615                |   |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | 615 |   |
| Balance at December 31, 2008                                              |   |               | 2,415,266  |   |               |   | 24     |           |   |   | 1,951,980          |   |   |                                       | (1,955,352 | )      |                     |   | 3,930  |   |   |   | - |   |   |   | 582 |   |
|                                                                           |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income (loss):                                                   |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                                       |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | (54,717    | )      |                     |   | -      |   |   |   | - |   |   |   | (54,717 | ) |
| Change in fair value of derivatives, net of taxes of $0                        |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | -          |   |                     |   | 2,195  |   |   |   | - |   |   |   | 2,195 |   |
| Foreign currency translation, net of taxes of $0                               |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | -          |   |                     |   | 1,467  |   |   |   | - |   |   |   | 1,467 |   |
| Total comprehensive loss                                                       |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   | (51,055 | ) |
| Accretion of Class B Senior Convertible preferred stock                   |   |               | -          |   |               |   | -      |           |   |   | (8,515             | )      |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | (8,515 | ) |
| Stock compensation expense                                                     |   |               | -          |   |               |   | -      |           |   |   | 948                |   |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | 948 |   |
| Balance at December 31, 2009                                                   |   |               | 2,415,266  |   |               |   | 24     |           |   |   | 1,944,413          |   |   |                                       | (2,010,069 | )      |                     |   | 7,592  |   |   |   | - |   |   |   | (58,040 | ) |
|                                                                           |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income:                                                          |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Net income                                                                     |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | 13,552     |   |                     |   | -      |   |   |   | 2,044 |   |   |   | 15,596 |   |
| Change in fair value of derivatives, net of taxes of $0                        |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | -          |   |                     |   | 347    |   |   |   | - |   |   |   | 347 |   |
| Foreign currency translation, net of taxes of $0                               |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | -          |   |                     |   | (243   | )      |   |   | - |   |   |   | (243 | ) |
| Total comprehensive income                                                     |   |               |       |   |               |   |   |           |   |   |               |   |   |                                       |       |   |                     |   |   |   |   |   |   |   |   |   | 15,700 |   |
| Accretion of Class B Senior Convertible preferred stock                   |   |               | -          |   |               |   | -      |           |   |   | (1,053             | )      |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | (1,053 | ) |
| Common Stock issued in exchange for Class B Senior Convertible preferred stock |   |               | 6,028,258  |   |               |   | 60     |           |   |   | 204,340            |   |   |                                       | (105,021   | )      |                     |   | -      |   |   |   |   - |   |   |   | 99,379 |   |
| Common Stock issued in exchange for Class A Junior preferred stock             |   |               | 7,658,187  |   |               |   | 77     |           |   |   | 149,791            |   |   |                                       | (29,717    | )      |                     |   | -      |   |   |   | - |   |   |   | 120,151 |   |
| Common Stock issued in connection with the Merix Acquisition                   |   |               | 3,877,304  |   |               |   | 39     |           |   |   | 75,838             |   |   |                                       | -          |   |                     |   | -      |   |   |   | 3,004 |   |   |   | 78,881 |   |
| Issuance of restricted stock awards                                            |   |               | 264,788    |   |               |   | 2      |           |   |   | (2                 | )      |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | - |   |
| Forfeiture of restricted stock awards                                          |   |               | (5,718     | )      |               |   | -      |           |   |   | -                  |   |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | - |   |
| Distribution to noncontrolling interest holder                                 |   |               | -          |   |               |   | -      |           |   |   | -                  |   |   |                                       | -          |   |                     |   | -      |   |   |   | (783 | ) |   |   | (783 | ) |
| Stock compensation expense                                                     |   |               | -          |   |               |   | -      |           |   |   | 2,870              |   |   |                                       | -          |   |                     |   | -      |   |   |   | - |   |   |   | 2,870 |   |
| Balance at December 31, 2010                                                   |   |               | 20,238,085 |   |               | $      | 202    |           |   | $      | 2,376,197          |   |   | $                                          | (2,131,255 | )      |                     | $      | 7,696  |   |   | $ | 4,265 |   |   | $ | 257,105 |   |

|                                    |   | 2010   |   |   | 2009   |   |   | 2008   |   |
|-----------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Foreign currency translation            |   | $      | 7,676  |   |   | $      | 7,919  |   |   | $ | 6,452 |   |
| Unrecognized gain (loss) on derivatives |   |   | 20     |   |   |   | (327   | )      |   |   | (2,522 | ) |
|                                    |   | $      | 7,696  |   |   | $      | 7,592  |   |   | $ | 3,930 |   |

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CASH FLOWS

|                                                                                                          |   | Year Ended December 31, |
|---------------------------------------------------------------------------------------------------------------|--------|------------------------------|
|                                                                                                          |   | 2010                         |   |   | 2009 |   |   | 2008 |   |
| Cash flows from operating activities:                                                                         |   |                         |   |   |   |   |   |   |   |   |
| Net income (loss)                                                                                             |   | $                            | 15,596 |   |   | $ | (54,717 | ) |   | $ | (15,473 | ) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities:                      |   |                         |   |   |   |   |   |   |   |   |   |   |
| Depreciation and amortization                                                                                 |   |                         | 58,082 |   |   |   | 51,352 |   |   |   | 54,528 |   |
| Non-cash stock compensation expense                                                                           |   |                         | 2,870 |   |   |   | 948 |   |   |   | 615 |   |
| Amortization of deferred financing costs                                                                      |   |                         | 1,994 |   |   |   | 1,954 |   |   |   | 2,063 |   |
| Amortization of original issue discount                                                                       |   |                         | 1,596 |   |   |   | 164 |   |   |   | - |   |
| Deferred income taxes                                                                                         |   |                         | 1,469 |   |   |   | (3,469 | ) |   |   | (2,822 | ) |
| Loss (gain) on disposition of assets, net                                                                     |   |                         | 939 |   |   |   | (483 | ) |   |   | 671 |   |
| Accretion of Class A Junior preferred stock dividends                                                    |   |                         | 871 |   |   |   | 7,270 |   |   |   | 6,880 |   |
| Loss on early extinguishment of debt                                                                          |   |                         | 706 |   |   |   | 2,357 |   |   |   | - |   |
| Amortization of preferred stock discount                                                                      |   |                         | 444 |   |   |   | 3,470 |   |   |   | 2,890 |   |
| Non-cash impact of exchange rates                                                                             |   |                         | (54 | ) |   |   | 2,035 |   |   |   | (631 | ) |
| Impairment of assets                                                                                          |   |                         | - |   |   |   | 1,592 |   |   |   | 5,558 |   |
| Change in assets and liabilities:                                                                             |   |                         |   |   |   |   |   |   |   |   |   |   |
| Accounts receivable                                                                                           |   |                         | (29,319 | ) |   |   | 7,052 |   |   |   | 38,762 |   |
|   Inventories                                                                                            |   |                         | (22,437 | ) |   |   | 21,222 |   |   |   | 10,639 |   |
| Prepaid expenses and other                                                                                    |   |                         | (4,646 | ) |   |   | 3,578 |   |   |   | (1,456 | ) |
| Accounts payable                                                                                              |   |                         | 29,310 |   |   |   | 15,993 |   |   |   | (38,097 | ) |
| Accrued and other liabilities                                                                                 |   |                         | 16,506 |   |   |   | (9,113 | ) |   |   | (13,096 | ) |
| Income taxes payable                                                                                          |   |                         | 1,013 |   |   |   | (3,627 | ) |   |   | 2,707 |   |
| Net cash provided by operating activities                                                                     |   |                         | 74,940 |   |   |   | 47,578 |   |   |   | 53,738 |   |
|                                                                                                          |   |                         |   |   |   |   |   |   |   |   |   |   |
| Cash flows from investing activities:                                                                         |   |                         |   |   |   |   |   |   |   |   |   |   |
| Capital expenditures                                                                                          |   |                         | (57,010 | ) |   |   | (21,925 | ) |   |   | (48,925 | ) |
| Acquisition of Merix                                                                                          |   |                         | (35,326 | ) |   |   | - |   |   |   | - |   |
| Cash acquired in acquisition of Merix                                                                         |   |                         | 13,667 |   |   |   | - |   |   |   | - |   |
| Proceeds from disposals of property                                                                           |   |                         | 9,893 |   |   |   | 4,352 |   |   |   | 663 |   |
| Net cash used in investing activities                                                                         |   |                         | (68,776 | ) |   |   | (17,573 | ) |   |   | (48,262 | ) |
|                                                                                                          |   |                         |   |   |   |   |   |   |   |   |   |   |
| Cash flows from financing activities:                                                                         |   |                         |   |   |   |   |   |   |   |   |   |   |
| Repayment of 10.5% Senior Subordinated Notes                                                                  |   |                         | (105,904 | ) |   |   | (95,065 | ) |   |   | - |   |
| Change in restricted cash                                                                                     |   |                         | 105,734 |   |   |   | (105,734 | ) |   |   | - |   |
| Proceeds from borrowings under credit facilities                                                              |   |                         | 10,000 |   |   |   | 10,000 |   |   |   | 20,000 |   |
| Repayments of borrowings under credit facilities                                                              |   |                         | (15,200 | ) |   |   | (15,500 | ) |   |   | (4,500 | ) |
| Distribution of noncontrolling interest                                                                       |   |                         | (783 | ) |   |   | - |   |   |   | - |   |
| Repayment of 2013 Notes                                                                                       |   |                         | (515 | ) |   |   | - |   |   |   | - |   |
| Repayment of capital lease obligations                                                                        |   |                         | (2,597 | ) |   |   | (2,119 | ) |   |   | (1,925 | ) |
| Financing and other fees                                                                                      |   |                         | (2,293 | ) |   |   | (7,439 | ) |   |   | - |   |
| Proceeds from issuance of 12% Senior Secured Notes                                                            |   |                         | - |   |   |   | 211,792 |   |   |   | - |   |
| Net cash (used in) provided by financing activities                                                           |   |                         | (11,558 | ) |   |   | (4,065 | ) |   |   | 13,575 |   |
|                                                                                                          |   |                         |   |   |   |   |   |   |   |   |   |   |
| Net change in cash and cash equivalents                                                                       |   |                         | (5,394 | ) |   |   | 25,940 |   |   |   | 19,051 |   |
| Cash and cash equivalents, beginning of year                                                                  |   |                         | 108,993 |   |   |   | 83,053 |   |   |   | 64,002 |   |
| Cash and cash equivalents, end of year                                                                        |   | $                            | 103,599 |   |   | $ | 108,993 |   |   | $ | 83,053 |   |
|                                                                                                          |   |                         |   |   |   |   |   |   |   |   |   |   |
| Supplemental cash flow information:                                                                           |   |                         |   |   |   |   |   |   |   |   |   |   |
| Interest paid                                                                                                 |   | $                            | 23,758 |   |   | $ | 25,326 |   |   | $ | 22,152 |   |
| Income taxes paid, net                                                                                        |   | $                            | 13,210 |   |   | $ | 10,223 |   |   | $ | 6,400 |   |
|                                                                                                          |   |                         |   |   |   |   |   |   |   |   |   |   |
| Supplemental disclosure of noncash transactions:                                                              |   |                         |   |   |   |   |   |   |   |   |   |   |
| Fair value of common shares issued in acquisition of Merix                                                    |   | $                            | 75,877 |   |   | $ | - |   |   | $ | - |   |
| Fair value of common shares issued in exchange for Mandatory Redeemable Class A Juniorpreferred stock         |   | $                            | 149,868 |   |   | $ | - |   |   | $ | - |   |
| Fair value of common shares issued in exchange for Redeemable Class B Senior Convertible preferred stock |   | $                            | 117,970 |   |   | $ | - |   |   | $ | - |   |

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NOTES

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| Buildings                                                                                      | 20-50 years |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
| Leasehold improvements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 3-15 years  |
| Machinery, equipment, systems and other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 3-10 years  |

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|                                                                                                                                                                                                                                                                                                                                                                                                  | Life           | Method                   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------|--------------------------|
| Patents, trademarks and trade  names                                                           | 2-5 years | Straight-line            |
| Customer lists                                                                                      | 12 years       | Straight-line            |
| Manufacturer sales representative network                                                                                                                                                                                                                                                                                                                                                             | 12 years       | Straight-line            |
| Developed technologies                                                                              | 15 years  | Double-declining balance |

|                                                                                                                                                                                                                                                                                                                                                                                   |   | December 31, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                   |   | 2010         |   |   | 2009 |   |
| Balance, beginning of year                                                           |   | $            | 3,962  |   |   | $ | 3,342 |   |
| Provision                                                                                      |   |         | 12,974 |   |   |   | 6,220 |   |
| Acquired from Merix                                                                            |   |         | 1,181  |   |   |   | - |   |
| Claims and adjustments                                                                         |   |         | (6,010 | ) |   |   | (5,600 | ) |
| Balance, end of year                                                                 |   | $            | 12,107 |   |   | $ | 3,962 |   |

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|                                           |   |   December 31, 2010 |
|------------------------------------------------|--------|-------------------------------|
|                                           |   | Fair Value                    |   | Carrying Amount |   | Balance Sheet Classification |
| Senior Secured Notes due 2015                  |   | $                             | 244,889 |   | $ | 213,551 |   | Long-term debt, less current maturities |
| Senior Secured 2010 Credit Facility            |   |                          | - |   |   | - |   |   |
| Zhongshan 2010 Credit Facility                 |   |                          | 10,000 |   |   | 10,000 |   | Current maturities of long-term debt |
| Senior Subordinated Convertible Notes due 2013 |   |                          | 895 |   |   | 895 |   | Long-term debt, less current maturities |
| Cash flow hedges                               |   |                          | 20 |   |   | 20 |   | Prepaid expenses and other |
| Huiyang 2009 Credit Facility                   |   |                          | - |   |   | - |   |   |
| Guangzhou 2009 Credit Facility                 |   |                          | - |   |   | - |   |   |
| Senior Subordinated Notes due 2011             |   |                          | - |   |   | - |   |   |
| Class A Junior preferred stock                 |   |                          | - |   |   | - |   |   |
| Class B Senior Convertible preferred stock     |   |                          | - |   |   | - |   |   |
|                                           |   |                          |   |   |   |   |   |   |
|                                           |   | December 31, 2009             |
|                                           |   | Fair Value                    |   | Carrying Amount |   | Balance Sheet Classification |
| Senior Secured Notes due 2015                  |   | $                             | 231,000 |   | $ | 211,956 |   | Long-term debt, less current maturities |
| Senior Secured 2010 Credit Facility            |   |                          | - |   |   | - |   |   |
| Zhongshan 2010 Credit Facility                 |   |                          | - |   |   | - |   |   |
| Senior Subordinated Convertible Notes due 2013 |   |                          | - |   |   | - |   |   |
| Cash flow hedges                               |   |                          | (327 | ) |   | (327 | ) | Accrued and other liabilities |
| Huiyang 2009 Credit Facility                   |   |                          | - |   |   | - |   |   |
| Guangzhou 2009 Credit Facility                 |   |                          | 10,000 |   |   | 10,000 |   | Current maturities of long-term debt |
| Senior Subordinated Notes due 2011             |   |                          | 105,876 |   |   | 105,876 |   | Current maturities of long-term debt |
| Class A Junior preferred stock                 |   |                          | 124,943 |   |   | 118,836 |   | Mandatory redeemable Class A Junior preferred stock |
| Class B Senior Convertible preferred stock     |   |                          | 98,823 |   |   | 98,327 |   | Redeemable Class B Senior Convertible preferred stock |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | Year Ended December 31, |       |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2010                    |       |   | 2009 |   |   | 2008 |   |
| Net loss attributable to common stockholders                                                                                                 |   | $                       | (122,239   | ) |   | $ | (63,232 | ) |   | $ | (23,302 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                    |       |   |   |   |   |   |   |   |   |   |
| Weighted average shares used to compute basic and diluted net loss per share                                                                                |   |                    | 17,953,233 |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |
| Net loss per share attributable to common stockholders - basic and diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | $                       | (6.81      | ) |   | $ | (26.18 | ) |   | $ | (9.65 | ) |

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| Cash and equivalents                           |   | $      | 13,667  |   |
|------------------------------------------------|--------|--------|---------|--------|
| Accounts receivable                            |   |   | 50,416  |   |
| Inventories                                    |   |   | 23,243  |   |
| Property, plant and equipment                  |   |   | 75,383  |   |
| Property held for sale                         |   |   | 9,739   |   |
| Goodwill                                       |   |   | 18,104  |   |
| Identifiable intangible assets                 |   |   | 6,190   |   |
| Other current and long-term assets             |   |   | 9,902   |   |
|                                           |   |   | 206,644 |   |
|                                           |   |   |    |   |
| Accounts payable and other accrued liabilities |   |   | (70,383 | )      |
| Convertible notes and other indebtedness       |   |   | (7,039  | )      |
| Accrued and deferred taxes                     |   |   | (14,208 | )      |
| Other long-term liabilities                    |   |   | (807    | )      |
|                                           |   |   | (92,437 | )      |
|                                           |   |   | 114,207 |   |
| Less:  noncontrolling interest       |   |   | (3,004  | )      |
| Net assets acquired                            |   | $      | 111,203 |   |

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|              |   | Year ended December 31, |    |
|-------------------|--------|-------------------------|---------|
|              |   | 2010                    |    |   | 2009 |   |
| Net sales         |   | $                       | 971,205 |   |   | $ | 745,142 |   |
| Net income (loss) |   | $                       | 32,218  |   |   | $ | (72,205 | ) |
|              |   |                    |    |   |   |   |   |   |

|                                                                                                                                                                                                                                                                                                                                                           |   | 2010   |   |   | 2009   |   |   | 2008   |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Balance, beginning of year                                                       |   | $      | 2,415  |   |   | $      | 3,194  |   |   | $ | 2,104 |   |
| Provision                                                                        |   |   | 1,285  |   |   |   | 1,987  |   |   |   | 2,341 |   |
| Write-offs, credits and adjustments                                                                                                                                                                                                                                                                                                                            |   |   | (1,420 | )      |   |   | (2,766 | )      |   |   | (1,251 | ) |
| Balance, end of year                                                             |   | $      | 2,280  |   |   | $      | 2,415  |   |   | $ | 3,194 |   |

| Customer                                                        |   | 2010   |   |   | 2009   |   |   | 2008   |   |
|-----------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Bosch Group                                                     |   |   | 13.3   | %      |   |   | 13.7   | %      |   |   | 11.2 | % |
| Alcatel-Lucent SA                                               |   | (a)    |   |   |   | 14.2   |   |   |   | 16.3 |   |
| Continental AG                                                  |   | (a)    |   |   |   | 11.8   |   |   |   | 13.4 |   |
| General Electric Company                                        |   | (a)    |   |   |   | 11.4   |   |   |   | 10.2 |   |
|                                                            |
| (a) Represents less than ten percent of consolidated net sales. |

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|                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 2010   |   |   | 2009   |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Raw materials                                                                      |   | $      | 33,175 |   |   | $      | 15,090 |   |
| Work in process                                                                    |   |   | 24,610 |   |   |   | 15,720 |   |
| Finished goods                                                                     |   |   | 37,092 |   |   |   | 18,387 |   |
|  Total                                                                        |   | $      | 94,877 |   |   | $      | 49,197 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 2010   |     |   | 2009   |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|----------|--------|--------|--------|
| Land and buildings                                                                               |   | $      | 84,187   |   |   | $      | 54,603 |   |
| Machinery, equipment and systems                                                                 |   |   | 510,388  |   |   |   | 427,619 |   |
| Leasehold improvements                                                                           |   |   | 43,690   |   |   |   | 42,102 |   |
| Construction in progress                                                                         |   |   | 7,017    |   |   |   | 1,063 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   | 645,282  |   |   |   | 525,387 |   |
| Less: Accumulated depreciation                                                                   |   |   | (372,169 | )      |   |   | (326,343 | ) |
|  Total                                                                                      |   | $      | 273,113  |   |   | $      | 199,044 |   |

|                                      |   | December 31, 2010   |   |   | December 31, 2009       |   |
|-------------------------------------------|--------|---------------------|--------|--------|-------------------------|--------|
|                                      |   | GrossCarryingAmount |   |   | AccumulatedAmortization |   |   | Net BookValue |   |   | GrossCarryingAmount |   |   | AccumulatedAmortization |   |   | Net BookValue |   |
| Developed technologies                    |   | $                   | 20,371 |   |                    | $      | (17,051 | ) |   | $ | 3,320 |   |   | $ | 20,371 |   |   | $ | (16,126 | ) |   | $ | 4,245 |   |
| Customer list                             |   |                | 4,100  |   |                    |   | (299 | ) |   |   | 3,801 |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Manufacturer sales representative network |   |                | 1,700  |   |                    |   | (124 | ) |   |   | 1,576 |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Patents, trademarks and trade name        |   |                | 1,884  |   |                    |   | (1,487 | ) |   |   | 397 |   |   |   | 2,472 |   |   |   | (2,041 | ) |   |   | 431 |   |
|  Total                               |   | $                   | 28,055 |   |                    | $      | (18,961 | ) |   | $ | 9,094 |   |   | $ | 22,843 |   |   | $ | (18,167 | ) |   | $ | 4,676 |   |

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| Year Ended December 31,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| 2011                                                                                             |   | $      | 1,709  |   |
| 2012                                                                                             |   |   | 1,469  |   |
| 2013                                                                                             |   |   | 1,431  |   |
| 2014                                                                                             |   |   | 1,038  |   |
| 2015                                                                                             |   |   | 490    |   |
| Thereafter                                                                                       |   |   | 2,957  |   |
|  Total                                                                                      |   | $      | 9,094  |   |

|                                                                                                                                                                                              |   |             |   |   | Year Ended December 31, 2010 |   |   |      |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|--------|--------|------------------------------|--------|--------|-----------|--------|
|                                                                                                                                                                                              |   | Reserve 12/31/09 |   |   | Charges                      |   |   | Reversals |   |   | Net Charges |   |   | Cash Payments |   |   | Adjustments |   |   | Reserve 12/31/10 |   |
| Restructuring activities:                                                                                                                                                                         |   |             |   |   |                         |   |   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Personnel and severance                                                                                                                                                                           |   | $                | 843    |   |                         | $      | 3,455  |      |   | $ | (451 | ) |   | $ | 3,004 |   |   | $ | (3,402 | ) |   | $ | - |   |   | $ | 445 |   |
| Lease and other contractual commitments                                                                                                                                                           |   |             | 2,481  |   |                         |   | 5,514  |      |   |   | - |   |   |   | 5,514 |   |   |   | (7,365 | ) |   |   | 647 | (a) |   |   | 1,277 |   |
|                                                                                                                                                                                              |   | $                | 3,324  |   |                         | $      | 8,969  |      |   | $ | (451 | ) |   | $ | 8,518 |   |   | $ | (10,767 | ) |   | $ | 647 |   |   | $ | 1,722 |   |
|                                                                                                                                                                                              |   |
| (a) Represents $732 of restructuring liabilities assumed in the Merix Acquisition and $23 of accretion of interest on discounted restructuring liabilities, net of $108of non-cash expense items. |   |

|                                                                                                                                                                   |   |            |   |   | Year Ended December 31, 2009 |   |   |      |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|--------|--------|------------------------------|--------|--------|-----------|--------|
|                                                                                                                                                                   |   | Reserve12/31/08 |   |   | Charges                      |   |   | Reversals |   |   | Net Charges |   |   | Cash Payments |   |   | Adjustments |   |   | Reserve12/31/09 |   |
| Restructuring activities:                                                                                                                                              |   |            |   |   |                         |   |   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Personnel and severance                                                                                                                                                |   | $               | 8,896  |   |                         | $      | 2,298  |      |   | $ | (1,676 | ) |   | $ | 622 |   |   | $ | (8,675 | ) |   | $ | - |   |   | $ | 843 |   |
| Lease and other contractual commitments                                                                                                                                |   |            | 3,226  |   |                         |   | 5,806  |      |   |   | (731 | ) |   |   | 5,075 |   |   |   | (5,414 | ) |   |   | (406 | )(a) |   |   | 2,481 |   |
| Asset impairments                                                                                                                                                      |   |            | -      |   |                         |   | 1,592  |      |   |   | (663 | ) |   |   | 929 |   |   |   | - |   |   |   | (929 | ) |   |   | - |   |
|                                                                                                                                                                   |   | $               | 12,122 |   |                         | $      | 9,696  |      |   | $ | (3,070 | ) |   | $ | 6,626 |   |   | $ | (14,089 | ) |   | $ | (1,335 | ) |   | $ | 3,324 |   |
|                                                                                                                                                                   |   |
| (a) Represents $183 of accretion of interest on discounted restructuring liabilities, net of $589 of non-cash restructuring expense related to the 2001 Restructuring. |   |

|                                                                                                                                                            |   |            |   |   | Year Ended December 31, 2008 |   |   |      |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|--------|--------|-----------------------------------|--------|--------|-----------|--------|
|                                                                                                                                                            |   | Reserve12/31/07 |   |   | Charges                           |   |   | Reversals |   |   | Net Charges |   |   | Cash Payments |   |   | Adjustments |   |   | Reserve12/31/08 |   |
| Restructuring activities:                                                                                                                                       |   |            |   |   |                              |   |   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Personnel and severance                                                                                                                                         |   | $               | 349    |   |                              | $      | 9,511  |      |   | $ | - |   |   | $ | 9,511 |   |   | $ | (964 | ) |   | $ | - |   |   | $ | 8,896 |   |
| Lease and other contractual commitments                                                                                                                         |   |            | 4,818  |   |                              |   | -      |      |   |   | - |   |   |   | - |   |   |   | (870 | ) |   |   | (722 | )(a) |   |   | 3,226 |   |
| Asset impairments                                                                                                                                               |   |            | -      |   |                              |   | 5,558  |      |   |   | - |   |   |   | 5,558 |   |   |   | - |   |   |   | (5,558 | ) |   |   | - |   |
|                                                                                                                                                            |   | $               | 5,167  |   |                              | $      | 15,069 |      |   | $ | - |   |   | $ | 15,069 |   |   | $ | (1,834 | ) |   | $ | (6,280 | ) |   | $ | 12,122 |   |
|                                                                                                                                                            |   |
| (a) Represents $1,044 decrease due to changes in foreign currency exchange rates, net of $322 of accretion of interest on discounted restructuring liabilities. |   |

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|  Year Ended December 31,                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| 2011                                                                                                                 |   | $      | 760    |   |
| 2012                                                                                                                 |   |   | 185    |   |
| 2013                                                                                                                 |   |   | 185    |   |
| 2014                                                                                                                 |   |   | 146    |   |
| 2015                                                                                                                 |   |   | 54     |   |
| Thereafter                                                                                                           |   |   | 1,059  |   |
|  Total                                                                                                          |   |   | 2,389  |   |
|  Less: Amounts representing interest                                                                            |   |   | (667   | ) |
|  Restructuring liability                                                                                        |   | $      | 1,722  |   |

|                              |   | 2010   |   |   | 2009   |   |
|-----------------------------------|--------|--------|--------|--------|--------|--------|
| Accrued payroll and related costs |   | $      | 27,405 |   |   | $      | 8,965 |   |
| Accrued interest                  |   |   | 12,190 |   |   |   | 7,873 |   |
| Accrued warranty                  |   |   | 12,107 |   |   |   | 3,962 |   |
| Accrued other                     |   |   | 27,486 |   |   |   | 17,951 |   |
| Total                             |   | $      | 79,188 |   |   | $      | 38,751 |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                |   | 2010   |    |   | 2009   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
| Senior Secured Notes due 2015                                                                       |   | $      | 213,551 |   |   | $      | 211,956 |   |
| Senior Secured 2010 Credit Facility                                                                 |   |   | -       |   |   |   | - |   |
| Zhongshan 2010 Credit Facility                                                                      |   |   | 10,000  |   |   |   | - |   |
| Huiyang 2009 Credit Facility                                                                        |   |   | -       |   |   |   | - |   |
| Senior Subordinated Convertible Notes due 2013                                                                                                                                                                                                                                                                                                                                                                                      |   |   | 895     |   |   |   | - |   |
| Capital leases                                                                                      |   |   | 951     |   |   |   | 3,048 |   |
| Guangzhou 2009 Credit Facility                                                                      |   |   | -       |   |   |   | 10,000 |   |
| Senior Subordinated Notes due 2011                                                                  |   |   | -       |   |   |   | 105,876 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   | 225,397 |   |   |   | 330,880 |   |
| Less: Current maturities                                                                            |   |   | (10,258 | )      |   |   | (118,207 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   | $      | 215,139 |   |   | $      | 212,673 |   |

| Year Ended December 31, |   |   |    |
|-------------------------|--------|--------|---------|
| 2011                    |   | $      | 10,258  |   |
| 2012                    |   |   | 51      |   |
| 2013                    |   |   | 952     |   |
| 2014                    |   |   | 62      |   |
| 2015                    |   |   | 220,069 |   |
| Thereafter              |   |   | 454     |   |
|  Total             |   | $      | 231,846 |   |

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|  Year Ended December 31,       |   | Capital |   |   | Operating |   |
|-------------------------------------|--------|---------|--------|--------|-----------|--------|
| 2011                                |   | $       | 342    |   |      | $      | 4,218 |   |
| 2012                                |   |    | 121    |   |      |   | 2,073 |   |
| 2013                                |   |    | 121    |   |      |   | 1,355 |   |
| 2014                                |   |    | 121    |   |      |   | 1,146 |   |
| 2015                                |   |    | 121    |   |      |   | 929 |   |
| Thereafter                          |   |    | 604    |   |      |   | 6,083 |   |
| Total                               |   |    | 1,430  |   |      | $      | 15,804 |   |
| Less: Amounts representing interest |   |    | (479   | )      |      |   |   |   |
| Capital lease obligations           |   | $       | 951    |   |      |   |   |   |

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|                                                                                                                                                                                                                                                                                                                                              |   | 2010   |   |   | 2009   |   |   | 2008   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Current:                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |
|  Federal                                                       |   | $      | -      |   |   | $      | -      |   |   | $ | (28 | ) |
|  State                                                         |   |   | 392    |   |   |   | (923   | )      |   |   | 72 |   |
|  Foreign                                                       |   |   | 15,686 |   |   |   | 11,119 |   |   |   | 7,716 |   |
|                                                                                                                                                                                                                                                                                                                                              |   |   | 16,078 |   |   |   | 10,196 |   |   |   | 7,760 |   |
| Deferred:                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
|  Federal                                                       |   |   | (1,634 | )      |   |   | (1,508 | )      |   |   | - |   |
|  State                                                         |   |   | (29    | )      |   |   | -      |   |   |   | - |   |
|  Foreign                                                       |   |   | 1,667  |   |   |   | (931   | )      |   |   | (2,822 | ) |
|                                                                                                                                                                                                                                                                                                                                              |   |   | 4      |   |   |   | (2,439 | )      |   |   | (2,822 | ) |
| Total                                                               |   | $      | 16,082 |   |   | $      | 7,757  |   |   | $ | 4,938 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | 2010   |   |   | 2009   |   |    | 2008   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|---------|--------|--------|
| U.S. Federal Statutory Rate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | $      | 11,087 |   |   | $      | (16,436 | )      |   | $ | (3,687 | ) |
| State taxes, net of federal benefit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   | (32    | )      |   |   | (1,018  | )      |   |   | (134 | ) |
| Impact from permanent items                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   | (6,423 | )      |   |   | 7,676   |   |   |   | 11,442 |   |
| Foreign tax (under) U.S. Statutory rate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   | (7,608 | )      |   |   | (1,581  | )      |   |   | (5,372 | ) |
| Change in the valuation allowance for deferred tax assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | 13,664 |   |   |   | 14,885  |   |   |   | 3,743 |   |
| Tax contingencies                                                                                      |   |   | (282   | )      |   |   | 1,925   |   |   |   | (900 | ) |
| Foreign tax rate changes and withholdings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | 2,970  |   |   |   | 2,937   |   |   |   | (1,218 | ) |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   | 2,706  |   |   |   | (631    | )      |   |   | 1,064 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $      | 16,082 |   |   | $      | 7,757   |   |   | $ | 4,938 |   |

|                                   |   | 2010   |     |   | 2009   |   |
|----------------------------------------|--------|--------|----------|--------|--------|--------|
| Deferred tax assets:                   |   |   |     |   |   |   |
| Net operating loss carryforwards       |   | $      | 346,737  |   |   | $      | 357,925 |   |
| Capital loss carryforwards             |   |   | 123,052  |   |   |   | 117,455 |   |
| AMT credit carryforwards               |   |   | -        |   |   |   | 1,508 |   |
| Accrued liabilities not yet deductible |   |   | 19,792   |   |   |   | 12,299 |   |
| Property, plant and equipment          |   |   | (1,560)  |   |   |   | 2,763 |   |
| Other                                  |   |   | 8,292    |   |   |   | 3,364 |   |
|                                   |   |   | 496,313  |   |   |   | 495,314 |   |
| Valuation allowance                    |   |   | (487,290 | )      |   |   | (486,881 | ) |
|                                   |   |   | 9,023    |   |   |   | 8,433 |   |
| Deferred tax liabilities:              |   |   |     |   |   |   |   |   |
| Intangibles                            |   |   | (283     | )      |   |   | (283 | ) |
| Other                                  |   |   | (4,900   | )      |   |   | (4,561 | ) |
|                                   |   |   | (5,183   | )      |   |   | (4,844 | ) |
| Net deferred tax assets                |   | $      | 3,840    |   |   | $      | 3,589 |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                     |   | Year Ended December 31, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                     |   | 2010                         |   |   | 2009 |   |   | 2008 |   |
| Domestic                                                                 |   | $                            | 8,505  |   |   | $ | (57,809 | ) |   | $ | (12,822 | ) |
| Foreign                                                                  |   |                         | 23,173 |   |   |   | 10,849 |   |   |   | 2,287 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                     |   | $                            | 31,678 |   |   | $ | (46,960 | ) |   | $ | (10,535 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                     |   |                         |   |   |   |   |   |   |   |   |   |   |

|                                   |   |   |   2010 |   |   | 2009   |        |   | 2008   |
|----------------------------------------|--------|--------|-------------|--------|--------|--------|-------------|--------|--------|
| Balance, beginning of year             |   | $      | 13,235      |   |   | $      | 13,644      |   |   | $ | 14,717 |   |
| Tax positions related to current year: |   |   |        |   |   |   |        |   |   |   |   |   |
|    Additions                 |   |   |  1,217 |   |   |   |  1,194 |   |   |   |  2,470 |   |
|    Reductions                |   |   | -      |   |   |   |  -     |   |   |   | - |   |
| Tax positions related to prior years:  |   |   |        |   |   |   |        |   |   |   |   |   |
|  Additions                        |   |   | -           |   |   |   | -           |   |   |   | - |   |
|  Reductions                       |   |   | (2,040      | )      |   |   | -           |   |   |   | (2,500 | ) |
| Tax positions acquired from Merix      |   |   | 6,597       |   |   |   | -           |   |   |   | - |   |
| Settlements                            |   |   | -           |   |   |   | (1,603      | )      |   |   | (1,043 | ) |
| Lapses in statutes of limitations      |   |   | -           |   |   |   | -           |   |   |   | - |   |
| Balance, end of year                   |   | $      | 19,009      |   |   | $      | 13,235      |   |   | $ | 13,644 |   |

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|                                                    |   | December 31,               |
|---------------------------------------------------------|--------|----------------------------|
| 2010                                                    |   |   2009                |
| Notional amount, in thousands of Chinese RMB            |   | 589,923                    |   | 480,000  |
| Weighted average remaining maturity, in months          |   | 5.5                        |   | 4.0  |
| Weighted average exchange rate to one U.S. Dollar       |   | 6.543                      |   |    6,770  |
| Deferred gain (loss) measured at fair value, net of tax |   | $ 20                  |   | $ (327) |
| Balance sheet classification of deferred gain (loss)    |   | Prepaid expenses and other |   |  Accrued and other liabilities |

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|                                |   | December 31, |   |
|-------------------------------------|--------|--------------|--------|
|                                |   | 2010         |   |   | 2009 |   |   | 2008 |   |
| Cost of goods sold                  |   | $            | 61     |   |   | $ | 144 |   |   | $ | 91 |   |
| Selling, general and administrative |   |         | 2,809  |   |   |   | 804 |   |   |   | 524 |   |
|                                |   | $            | 2,870  |   |   | $ | 948 |   |   | $ | 615 |   |

|                    |   2010         |   |   2009 |                    |   2008 |
|-------------------------|---------------------|--------|-------------|-------------------------|-------------|
|                    | Options             |   |        |   ExercisePrice(1) |        | Options |   |   | ExercisePrice(1) |   |   |   Options |   |   |   |   ExercisePrice(1) |   |
| Beginning Balance       |   209,435 |   | $           | 150.99                  |        |  218,185 |   | $ |  150.99 |   |   | 231,334  |   |   | $ |  150.99 |   |
| Granted                 | 1,008,594           |   | $           | 21.64                   |        |  - |   | $ | 150.99 |   |   | 1,004 |   |   | $ | 150.99 |   |
| Exercised               | -                   |   | $           | -                       |        |  - |   | $ | - |   |   | - |   |   | $ | - |   |
| Forfeited               | (23,389             | )      | $           | 81.83                   |        |  (8,750 |  ) | $ | 150.99 |   |   | (14,153 | ) |   |   | 150.99 |   |
| Ending Balance          | 1,194,640           |   | $           | 43.13                   |        |  209,435 |   | $ | 150.99 |   |   | 218,185 |   |   | $ | 150.99 |   |
|                    |                |   |        |                    |        |   |   |   |   |   |   |   |   |   |   |   |   |
| Exercisable at year end | 198,267             |   | $           | 150.99                  |        |  198,699 |   | $ | 150.99 |   |   | 193,491 |   |   | $ | 150.99 |   |

| (1) weighted average |
|----------------------|

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|                                                                                                                                                                                                                                                                                                                                                                                                       | 2010             |   | 2008      |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|--------|-----------|--------|
| Expected life of options                                                                  | 4.3 years        |   | 5.0 years |   |
| Risk free interest rate                                                                   | 1.44% to 2.26%   |   | 2.71%     |   |
| Expected volatility of stock                                                              | 59.66% to 60.26% |   | 52.00%    |   |
| Expected dividend yield                                                                   | None             |   | None      |   |
| Weighted average fair value                                                               | $10.64           |   | 73.28     |   |

|           |            |   | Outstanding       |   |                                       | Exercisable |                            |
|----------------|-----------------|--------|-------------------|--------|--------------------------------------------|-------------|---------------------------------|
| Exercise Price |            |   | Number of Options |   | Weighted average remainingcontractual life |        | Weighted average exercise price |   |   | Number of options |   |   | Weighted average remaining contractual life |   |   | Weighted average exercise price |   |
| $              | 14.42 to $21.88 |   |              |   | 996,094                                    |        | 6.4 years                       |   | $ | 21.63 |   |   |   | - |   |   |   | - |   |   | $ | - |   |
| $              | 150.99          |   |              |   | 198,546                                    |        | 3.1 years                       |   | $ | 150.99 |   |   |   | 198,267 |   |   |   | 3.1 years |   |   | $ | 150.99 |   |
|           |            |   |              |   | 1,194,640                                  |        |                            |   | $ | 43.13 |   |   |   | 198,267 |   |   |   |   |   |   | $ | 150.99 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                             |   | Shares |    |   | WeightedAverageGrant Date Per Share Fair Value |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|------------------------------------------------|--------|
| Outstanding at December 31, 2009                                                                 |   |   | -       |   |                                           | $      | - |   |
| Granted                                                                                                                   |   |   | 264,788 |   |                                           | $      | 16.60 |   |
| Vested                                                                                                                    |   |   | (1,138  | )      |                                           | $      | 16.62 |   |
| Forfeited                                                                                                                 |   |   | (5,718  | )      |                                           | $      | 16.62 |   |
| Outstanding at December 31, 2010                                                                 |   |   | 257,932 |   |                                           | $      | 16.60 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |    |   |                                           |   |   |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                                   |   | December 31, |    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2010              |    |   | 2009 |   |
| Total assets:                                                                                                                                                                                                                                                                                                                                                                                                          |   |              |    |   |   |   |
| Printed Circuit Boards                                                                 |   | $                 | 625,884 |   |   | $ | 382,238 |   |
| Assembly                                                                               |   |              | 84,273  |   |   |   | 85,448 |   |
| Other                                                                                  |   |              | 70,416  |   |   |   | 189,552 |   |
| Total assets                                                                           |   | $                 | 780,573 |   |   | $ | 657,238 |   |

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|                                     |   | Year ended December 31, |    |
|------------------------------------------|--------|-------------------------|---------|
|                                     |   | 2010                    |    |   | 2009 |   |   | 2008 |   |
| Net sales to external customers:         |   |                    |    |   |   |   |   |   |   |
| Printed Circuit Boards                   |   | $                       | 751,933 |   |   | $ | 340,993 |   |   | $ | 471,386 |   |
| Assembly                                 |   |                    | 177,317 |   |   |   | 141,693 |   |   |   | 196,552 |   |
| Other                                    |   |                    | -       |   |   |   | 13,761 |   |   |   | 44,892 |   |
| Total                                    |   | $                       | 929,250 |   |   | $ | 496,447 |   |   | $ | 712,830 |   |
|                                     |   |                    |    |   |   |   |   |   |   |   |   |   |
| Intersegment sales:                      |   |                    |    |   |   |   |   |   |   |   |   |   |
| Printed Circuit Boards                   |   | $                       | 11,938  |   |   | $ | 9,273 |   |   | $ | 18,398 |   |
| Assembly                                 |   |                    | -       |   |   |   | 13 |   |   |   | 9 |   |
| Other                                    |   |                    | -       |   |   |   | 363 |   |   |   | 1,113 |   |
| Total                                    |   | $                       | 11,938  |   |   | $ | 9,649 |   |   | $ | 19,520 |   |
|                                     |   |                    |    |   |   |   |   |   |   |   |   |   |
| Operating income (loss):                 |   |                    |    |   |   |   |   |   |   |   |   |   |
| Printed Circuit Boards                   |   | $                       | 68,851  |   |   | $ | 3,244 |   |   | $ | 23,838 |   |
| Assembly                                 |   |                    | 6,208   |   |   |   | 4,120 |   |   |   | 8,836 |   |
| Other                                    |   |                    | (8,577  | ) |   |   | (12,112 | ) |   |   | (10,272 | ) |
| Total                                    |   |                    | 66,482  |   |   |   | (4,748 | ) |   |   | 22,402 |   |
|                                     |   |                    |    |   |   |   |   |   |   |   |   |   |
| Interest expense, net                    |   |                    | 30,871  |   |   |   | 34,399 |   |   |   | 31,585 |   |
| Amortization of deferred financing costs |   |                    | 1,994   |   |   |   | 1,954 |   |   |   | 2,063 |   |
| Loss on early extinguishment of debt     |   |                    | 706     |   |   |   | 2,357 |   |   |   | - |   |
| Other, net                               |   |                    | 1,233   |   |   |   | 3,502 |   |   |   | (711 | ) |
| Income (loss) before income taxes        |   | $                       | 31,678  |   |   | $ | (46,960 | ) |   | $ | (10,535 | ) |

|                       |   | Year ended December 31, |   |
|----------------------------|--------|-------------------------|--------|
|                       |   | 2010                    |   |   | 2009 |   |   | 2008 |   |
| Capital expenditures:      |   |                    |   |   |   |   |   |   |   |
| Printed Circuit Boards     |   | $                       | 54,423 |   |   | $ | 17,524 |   |   | $ | 42,920 |   |
| Assembly                   |   |                    | 1,584  |   |   |   | 2,190 |   |   |   | 2,846 |   |
| Other                      |   |                    | 1,003  |   |   |   | 2,211 |   |   |   | 3,159 |   |
| Total capital expenditures |   | $                       | 57,010 |   |   | $ | 21,925 |   |   | $ | 48,925 |   |
|                       |   |                    |   |   |   |   |   |   |   |   |   |   |
| Depreciation expense:      |   |                    |   |   |   |   |   |   |   |   |   |   |
| Printed Circuit Boards     |   | $                       | 51,984 |   |   | $ | 45,579 |   |   | $ | 46,262 |   |
| Assembly                   |   |                    | 4,388  |   |   |   | 4,582 |   |   |   | 4,979 |   |
| Other                      |   |                    | -      |   |   |   | - |   |   |   | 2,044 |   |
| Total depreciation expense |   | $                       | 56,372 |   |   | $ | 50,161 |   |   | $ | 53,285 |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | Year Ended December 31, |    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2010                         |    |   | 2009 |   |   | 2008 |   |
| United States                                                                      |   | $                            | 314,858 |   |   | $ | 138,632 |   |   | $ | 264,490 |   |
| People’s Republic of China, including Hong Kong                                                                                                                                                                                                                                                                                                                                                                                  |   |                         | 188,741 |   |   |   | 126,105 |   |   |   | 147,638 |   |
| Germany                                                                            |   |                         | 58,046  |   |   |   | 39,338 |   |   |   | 56,951 |   |
| Malaysia                                                                           |   |                         | 54,948  |   |   |   | 22,298 |   |   |   | 19,844 |   |
| Canada                                                                             |   |                         | 37,948  |   |   |   | 15,082 |   |   |   | 14,115 |   |
| France                                                                             |   |                         | 37,551  |   |   |   | 20,794 |   |   |   | 29,827 |   |
| Hungary                                                                            |   |                         | 36,159  |   |   |   | 16,323 |   |   |   | 18,734 |   |
| Mexico                                                                             |   |                         | 34,143  |   |   |   | 21,706 |   |   |   | 18,570 |   |
| Thailand                                                                           |   |                         | 21,162  |   |   |   | 12,057 |   |   |   | 5,719 |   |
| United Kingdom                                                                     |   |                         | 18,263  |   |   |   | 8,059 |   |   |   | 10,309 |   |
| Singapore                                                                          |   |                         | 16,754  |   |   |   | 8,429 |   |   |   | 9,922 |   |
| Czech Republic                                                                     |   |                         | 13,788  |   |   |   | 11,745 |   |   |   | 16,009 |   |
| Portugal                                                                           |   |                         | 10,426  |   |   |   | 7,283 |   |   |   | 8,688 |   |
| Japan                                                                              |   |                         | 10,022  |   |   |   | 7,191 |   |   |   | 6,191 |   |
| Sweden                                                                             |   |                         | 8,973   |   |   |   | 3,354 |   |   |   | 506 |   |
| India                                                                              |   |                         | 8,006   |   |   |   | 1,618 |   |   |   | 1,243 |   |
| Other                                                                              |   |                         | 59,462  |   |   |   | 36,433 |   |   |   | 84,074 |   |
|  Total                                                                        |   | $                            | 929,250 |   |   | $ | 496,447 |   |   | $ | 712,830 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | December 31, |    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 2010              |    |   | 2009 |   |
| People’s Republic of China                                                                     |   | $                 | 231,821 |   |   | $ | 193,672 |   |
| Mexico                                                                                               |   |              | 2,217   |   |   |   | 2,877 |   |
| United States                                                                                        |   |              | 39,075  |   |   |   | 2,495 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | $                 | 273,113 |   |   | $ | 199,044 |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | Quarter |       |   |   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|------------|--------|--------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 1st     |       |   | 2nd    |   |   | 3rd |   |   | 4th |   |   | Year |
| 2010:                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |    |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net sales                                                                                                       |   | $       | 186,640    |   |   | $      | 239,411 |   |   | $ | 259,325 |   |   | $ | 243,874 |   |   | $ | 929,250 |   |
| Cost of goods sold                                                                                              |   |    | 146,139    |   |   |   | 182,954 |   |   |   | 198,117 |   |   |   | 191,500 |   |   |   | 718,710 |   |
| Selling, general and administrative                                                                             |   |    | 18,695     |   |   |   | 20,591 |   |   |   | 20,536 |   |   |   | 17,636 |   |   |   | 77,458 |   |
| Depreciation and amortization                                                                                   |   |    | 13,000     |   |   |   | 14,887 |   |   |   | 14,873 |   |   |   | 15,322 |   |   |   | 58,082 |   |
| Restructuring and impairment                                                                                    |   |    | 6,309      |   |   |   | 2,415 |   |   |   | 26 |   |   |   | (232 | ) |   |   | 8,518 |   |
| Operating income                                                                                                |   |    | 2,497      |   |   |   | 18,564 |   |   |   | 25,773 |   |   |   | 19,648 |   |   |   | 66,482 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |    |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net (loss) income                                                                                               |   |    | (11,943    | )      |   |   | 7,077 |   |   |   | 10,920 |   |   |   | 9,542 |   |   |   | 15,596 |   |
| Noncontrolling interest                                                                                         |   |    | 137        |   |   |   | 537 |   |   |   | 709 |   |   |   | 661 |   |   |   | 2,044 |   |
| Accretion of Class B Senior Convertible preferred stock                                                                             |   |    | 1,053      |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 1,053 |   |
| Conversion of Class A Junior preferred stock                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |    | 29,717     |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 29,717 |   |
| Conversion of Class B Senior Convertible preferred stock                                                                            |   |    | 105,021    |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 105,021 |   |
| Net (loss) income attributable to common stockholders                                                                               |   |    | (147,871   | )      |   |   | 6,540 |   |   |   | 10,211 |   |   |   | 8,881 |   |   |   | (122,239 | ) |
| Basic (loss) income per share                                                                                   |   | $       | (12.57     | )      |   | $      | 0.33 |   |   | $ | 0.51 |   |   | $ | 0.44 |   |   | $ | (6.81 | ) |
| Diluted (loss) income per share                                                                                 |   | $       | (12.57     | )      |   | $      | 0.33 |   |   | $ | 0.51 |   |   | $ | 0.44 |   |   | $ | (6.81 | ) |
| Basic weighted average shares outstanding                                                                       |   |    | 11,762,239 |   |   |   | 19,979,015 |   |   |   | 19,979,015 |   |   |   | 19,979,992 |   |   |   | 17,953,233 |   |
| Diluted weighted average shares outstanding                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |    | 11,762,329 |   |   |   | 19,982,252 |   |   |   | 19,979,260 |   |   |   | 20,022,994 |   |   |   | 17,953,233 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |    |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2009:                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |    |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net sales                                                                                                       |   | $       | 123,437    |   |   | $      | 120,561 |   |   | $ | 121,087 |   |   | $ | 131,362 |   |   | $ | 496,447 |   |
| Cost of goods sold                                                                                              |   |    | 102,876    |   |   |   | 97,323 |   |   |   | 96,101 |   |   |   | 101,844 |   |   |   | 398,144 |   |
| Selling, general and administrative                                                                             |   |    | 10,204     |   |   |   | 11,455 |   |   |   | 10,456 |   |   |   | 12,958 |   |   |   | 45,073 |   |
| Depreciation and amortization                                                                                   |   |    | 12,984     |   |   |   | 12,913 |   |   |   | 12,835 |   |   |   | 12,620 |   |   |   | 51,352 |   |
| Restructuring and impairment                                                                                    |   |    | 723        |   |   |   | 3,847 |   |   |   | 583 |   |   |   | 1,473 |   |   |   | 6,626 |   |
| Operating (loss) income                                                                                         |   |    | (3,350     | )      |   |   | (4,977 | ) |   |   | 1,112 |   |   |   | 2,467 |   |   |   | (4,748 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |    |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                                                                        |   |    | (14,500    | )      |   |   | (12,864 | ) |   |   | (11,444 | ) |   |   | (15,909 | ) |   |   | (54,717 | ) |
| Accretion of Class B Senior Convertible preferred stock                                                                             |   |    | 2,084      |   |   |   | 2,085 |   |   |   | 2,173 |   |   |   | 2,173 |   |   |   | 8,515 |   |
| Net loss attributable to common stockholders                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | $       | (16,584    | )      |   | $      | (14,949 | ) |   | $ | (13,617 | ) |   | $ | (18,082 | ) |   | $ | (63,232 | ) |
| Basic and diluted loss per share                                                                                |   | $       | (6.87      | )      |   | $      | (6.19 | ) |   | $ | (5.64 | ) |   | $ | (7.48 | ) |   | $ | (26.18 | ) |
| Basic and diluted weighted average shares outstanding                                                                                                                                                                                                                                                                                                                                                                                                                         |   |    | 2,415,266  |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |   |   | 2,415,266 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |    |       |   |

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Item 9

Item 9A.

| Date: February 9, 2011 |   | /s/ David M. Sindelar                                           |
|------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |   | David M. Sindelar                                                                                                                                                                                                                                                                 |
|                   |   | Chief Executive Officer                                                                                                                                                                                                                                                           |
|                   |   |                                                                                                                                                                                                                                                                              |
| Date: February 9, 2011 |   | /s/ Gerald G. Sax                                                                                                 |
|                   |   | Gerald G. Sax                                                                                                                                                                                                                                                                     |
|                   |   | Chief Financial Officer                                                                                                                                                                                                                                                           |

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Report of Independent 

Table of Contents

----

Item 9B.  

PART III

Item 10.

Item 11

Item 12.

Item 13. 

Item 14. 

PART IV

Item 15

| 2.   | Financial Statement Schedules |
|----------------|-------------------------------|

| 3.   | Exhibits |
|----------------|----------|

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SIGNATURES

|                          |   |                                                             |
|-------------------------------|--------|------------------------------------------------------------------|
| /s/ David M. Sindelar         |   | /s/ Gerald G. Sax                                                |
| David M. Sindelar             |   | Gerald G. Sax                                                    |
| Chief Executive Officer       |   | Senior Vice President and Chief Financial Officer                |
| (Principal Executive Officer) |   | (Principal Financial Officer)                                    |
|                          |   |                                                             |
|                          |   | /s/ Christopher R. Isaak                                         |
|                          |   | Christopher R. Isaak                                             |
|                          |   | Vice President, Corporate Controllerand Chief Accounting Officer |
|                          |   | (Principal Accounting Officer)                                   |

| /s/ Christopher J. Steffen              |   |                                                                                             |
|-----------------------------------------|--------|--------------------------------------------------------------------------------------------------|
| Christopher J. Steffen                  |   | Chairman of the Board of Directors                                                               |
|                                    |   |                                                                                             |
| /s/ Jack D. Furst                       |   |                                                                                             |
| Jack D. Furst                           |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ Edward Herring                      |   |                                                                                             |
| Edward Herring                          |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ Robert F. Cummings, Jr.             |   |                                                                                             |
| Robert F. Cummings, Jr.                 |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ Richard A. McGinn                   |   |                                                                                             |
| Richard A. McGinn                       |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ Peter Frank                         |   |                                                                                             |
| Peter Frank                             |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ Kirby Dyess          |   |                                                                                             |
| Kirby Dyess              |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ William McCormick    |   |                                                                                             |
| William McCormick                       |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ Michael Burger       |   |                                                                                             |
| Michael Burger           |   | Director                                                                                         |
|                                    |   |                                                                                             |
| /s/ David M. Sindelar                   |   |                                                                                             |
| David M. Sindelar                       |   | Chief Executive Officer and Director(Principal Executive Officer)                                |
|                                    |   |                                                                                             |
| /s/ Timothy L. Conlon                   |   |                                                                                             |
| Timothy L. Conlon                       |   | President, Chief Operating Officer and Director                                                  |
|                                    |   |                                                                                             |
| /s/ Gerald G. Sax                       |   |                                                                                             |
| Gerald G. Sax                           |   | Senior Vice President and Chief Financial Officer (Principal Financial Officer)                  |
|                                    |   |                                                                                             |
| /s/ Christopher R. Isaak                |   |                                                                                             |
| Christopher R. Isaak                    |   | Vice President, Corporate Controller and Chief Accounting Officer (Principal Accounting Officer) |

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Exhibit Index

| Exhibit No. |   | Exhibit Description |   |
|-------------|--------|---------------------|--------|
|        | 2.1    |                | (5     | ) | Agreement and Plan of Merger, dated as of October 6, 2009, among Viasystems Group, Inc., Maple Acquisition Corp., and Merix Corporation (included as Annex A to the proxy statement/prospectus). |
|        | 3.1    |                | (8     | )  | Third Amended and Restated Certificate of Incorporation of Viasystems Group, Inc. |
|        | 3.2    |                | (8     | )  | Second Amended and Restated Bylaws of Viasystems Group, Inc. |
|        | 4.1    |                | (8     | )  | Specimen Common Stock Certificate. |
|        | 4.2    |                | (1     | )  | Warrant Agreement, dated as of January 31, 2003, by and between Viasystems Group, Inc. and Computershare Investor Services, LLC, as Warrant Agent. |
|        | 4.3    |                | (6     | )  | Indenture dated as of November 24, 2009, among Viasystems, Inc., the Guarantors party thereto and Wilmington Trust FSB, as Trustee. |
|        | 4.4    |                | (6     | )  | Form of 12% Senior Secured Note (included as Exhibit A1 to the Indenture filed as Exhibit 4.3 hereto). |
|        | 4.5    |                | (9     | )  | First Supplemental Indenture, dated as of February 22, 2010, by and among Merix Corporation, Merix Asia, Inc., Viasystems, Inc., the other guarantors as defined in the indenture dated as of November 24, 2009 providing for the issuance of Viasystems, Inc.’s 12.00% Senior Secured Notes due 2015, and Wilmington Trust FSB, as trustee under the Indenture. |
|        | 4.6    |                | (9     | )  | Second Supplemental Indenture, dated as of February 22, 2010, by and among Viasystems Group, Inc., Viasystems, Inc., the other guarantors as defined in the indenture dated as of November 24, 2009 providing for the issuance of Viasystems, Inc.’s 12.00% Senior Secured Notes due 2015, and Wilmington Trust, FSB, as trustee under the Indenture. |
|        | 4.7    |                | (3     | )  | Indenture dated May 16, 2006 between Merix Corporation and U.S. Bank National Association as trustee. |
|        | 4.8    |                | (3     | )  | Form of 4% Convertible Senior Subordinated Note Due 2013 (included in Section 2.2 of the Indenture filed as Exhibit 4.7 hereto). |
|        | 4.9    |                | (8     | )  | First Supplemental Indenture dated as of February 16, 2010 among Viasystems Group, Inc., Merix Corporation and U.S. Bank National Association, as trustee. |
|        | 10.1   |                | (1     | )* | Viasystems Group, Inc. 2003 Equity Incentive Plan. |
|        | 10.2   |                | (11    | )*  | Viasystems Group, Inc. 2010 Equity Incentive Plan. |
|        | 10.3   |                | (12    | )* | Form of Viasystems Group, Inc. 2010 Equity Incentive Plan Nonqualified Stock Option Award Agreement. |
|        | 10.4   |                | (12    | )* | Form of Viasystems Group, Inc. 2010 Equity Incentive Plan Restricted Stock Award Agreement. |
|        | 10.5   |                | (2     | )* | Viasystems Group, Inc. Annual Incentive Compensation Plan. |
|        | 10.6   |                | (1     | )*  | Amended and Restated Executive Employment Agreement, dated October 13, 2003, among Viasystems Group, Inc., Viasystems, Inc., Viasystems Technologies Corp., L.L.C., the other subsidiaries party thereto, and David M. Sindelar. |
|        | 10.7   |                | (1     | )*  | Amended and Restated Executive Employment Agreement, dated January 31, 2003, among Viasystems Group, Inc., Viasystems, Inc., Viasystems Technologies Corp., L.L.C., and Timothy L. Conlon. |
|        | 10.8   |                | (13    | )* | Amended and Restated Executive Employment Agreement, dated as of August 15, 2005, by and among Viasystems Group, Inc., Viasystems, Inc., the other subsidiaries of Viasystems Group, Inc. set forth on the signature page thereto and Gerald G. Sax. |
|        | 10.9   |                | (1     | )*  | Amended and Restated Executive Employment Agreement, dated as of January 31, 2003, among Viasystems Group, Inc., Viasystems, Inc., Viasystems Technologies Corp., L.L.C. and Joseph Catanzaro. |
|        | 10.10  |                | (5     | )  | Recapitalization Agreement, dated as of October 6, 2009, by and among Viasystems Group, Inc., Hicks, Muse, Tate & Furst Equity Fund III, LP and certain of its affiliates, GSC Recovery II, L.P. and certain of its affiliates, and TCW Shared Opportunities Fund III, L.P. |
|        | 10.11  |                | (5     | )  | Note Exchange Agreement, dated as of October 6, 2009, by and among Viasystems Group, Inc., Maple Acquisition Corp., and the entities listed on Schedule I attached thereto. |
|        | 10.12  |                | (8     | )  | Stockholder Agreement, dated as of February 11, 2010, by and between Viasystems Group, Inc. and VG Holdings, LLC. |
|        | 10.13  |                | (6     | )  | Collateral Trust Agreement, dated as of November 24, 2009, among Viasystems, Inc., the guarantors named therein, Wilmington Trust FSB, as trustee and collateral trustee, and the other party lien representatives from time to time party thereto. |
|        | 10.14  |                | (9     | )  | Loan and Security Agreement, dated as of February 16, 2010, by and among Viasystems Technologies Corp., L.L.C. and Merix Corporation, as borrowers, and Viasystems, Inc., Viasystems International, Inc. and Merix Asia, Inc., as guarantors, the lenders and issuing bank from time to time party thereto, Wachovia Capital Finance Corporation (New England), as administrative agent, and Wells Fargo Capital Finance, LLC, as sole lead arranger, manager and bookrunner. |
|        | 10.15  |                | (10    | )  | Amendment No. 1 to Loan and Security Agreement, dated as of March 24, 2010, by and among Viasystems Technologies Corp., L.L.C. and Merix Corporation, as Borrowers, Viasystems, Inc., Viasystems International, Inc. and Merix Asia, Inc., as Guarantors, and Wachovia Capital Finance Corporation (New England), as Agent and Lender. |
|        | 10.16  |                | (10    | )  | English translation of the Zhongshan 2010 Credit Facility Contract, dated as of March 26, 2010, by and between Kalex Multi-Layer Circuit Board (Zhongshan) Limited, as Borrower, and China Construction Bank Zhongshan Branch, as Lender. |
|        | 10.17  |                | (4     | ) | English translation of the Huiyang 2009 Credit Facility Contract, dated June 26, 2009, by and between Merix Printed Circuits Technology Limited and Industrial and Commercial Bank of China, Limited. |
|        | 10.18  |                | (4     | )  | English translation of the Maximum Amount Mortgage Agreement, dated June 26, 2009, by and between Merix Printed Circuits Technology Limited and Industrial and Commercial Bank of China, Limited. |
|        | 10.19  |                | (7     | )  | English translation of the Lease Agreement on Tong Fu Kang Plant Building (Building A, Shenzhen), dated as of October 26, 2006, by and between Shenzhen Tong Fu Kang Industry Development Co., Ltd and Viasystems Chang Yuan EMS (Shenzhen) Co., Ltd (now known as Viasystems EMS (Shenzhen) Co., Ltd). |
|        | 10.20  |                | (7     | )  | English translation of the Lease Agreement on Tong Fu Kang Plant Building (Building D, Shenzhen), dated as of May 6, 2003, by and between Shenzhen Tong Fu Kang Industry Development Co., Ltd and Viasystems Chang Yuan EMS (Shenzhen) Co., Ltd (now known as Viasystems EMS (Shenzhen) Co., Ltd). |
|        | 10.21  |                | (7     | )  | English translation of the Lease Agreement, dated as of October 18, 2008, by and between Qingdao Jijia Electronics Co., Ltd and Qingdao Viasystems Telecommunications Technologies Co., Ltd. |
|        | 10.22  |                | (7     | )  | Industrial Lease, dated as of April 16, 2008, by and between Verde 9580 Joe Rodriquez LP and Viasystems Technologies Corp., L.L.C. |
|        | 10.23  |                | (7     | )  | First Amendment to Industrial Lease, dated as of December 8, 2008, by and between Verde 9580 Joe Rodriquez LP and Viasystems Technologies Corp., L.L.C. |
|        | 10.24  |                | (7     | )  | English translation of the Lease Agreement, dated as of September 1, 2002, by and among Parque Industrial Internacional Mexicano, S.A. de C.V., Electrocomponentes de Mexico, S.A. de C.V. |
|        | 10.25  |                | (7     | )  | Amendment Agreement to the Lease Agreement, dated as of June 25, 2004, by and among Parque Industrial Internacional Mexicano, S.A. de C.V., Electrocomponentes de Mexico, S.A. de C.V. and Viasystems, Inc. |
|        | 10.26  |                | (7     | )  | Second Amendment to the Lease Agreement, dated as of October 15, 2007, by and among Banco J.P. Morgan, Sociedad Anónima, Institución de Banca Múltiple, J.P. Morgan Grupo Financiero, División Fiduciaria, International Manufacturing Solutions Operaciones, S. de R.L. de C.V. and Viasystems, Inc. |
|        | 10.27  |                | (7     | )  | Third Amendment to the Lease Agreement, dated as of August 26, 2009, by and among The Bank of New York Mellon, S.A., Institución de Banca Múltiple (Final Successor of Banco J.P. Morgan, Sociedad Anónima, Institución de Banca Múltiple, J.P. Morgan Grupo Financiero, División Fiduciaria), International Manufacturing Solutions Operaciones, S. de R.L. de C.V. and Viasystems, Inc. |
|        | 10.28  |                | (12    | )  | English translation of the Lease Agreement on Gutangao Factory Premises and Dormitories, dated as of January 1, 2008, by and between Desai (Huizhou) Group Company Limited and Merix Printed Circuits (Huizhou) Company Limited. |
|        | 10.29  |                | (13    | ) | English translation of the Lease Supplement, effective January 1, 2011, to the Lease Agreement on Gutangao Factory Premises and Dormitories, dated as of January 1, 2008, by and between Desai (Huizhou) Group Company Limited and Merix Printed Circuits (Huizhou) Company Limited. |
|        | 10.30  |                | (12    | )  | Lease Agreement, dated as of July 1, 1987, by and between B.S. Enterprises and Data Circuit Systems, Inc., as amended by the Lease Amendments, dated as of June 23, 2000 and July 1, 2007, concerning 335 Turtle Creek Court. |
|        | 10.31  |                | (12    | )  | Lease Agreement, dated as of September 20, 2005, by and between KML Fremont Investors LLC and Merix San Jose, Inc., concerning 340 Turtle Creek Court. |
|        | 10.32  |                | (13    | ) | Lease Amendment, dated as of October 1, 2010, to the Lease Agreement, dated as of September 20, 2005, by and between KML Fremont Investors LLC and Merix San Jose, Inc., concerning 340 Turtle Creek Court. |
|        | 10.33  |                | (12    | ) | Lease Agreement, dated as of January 1, 2010, by and between Gail H. Ducote, Robert D. Ducote and Merix Corporation, concerning 355 Turtle Creek Court. |
|        | 21.1   |                | (13    | ) | Subsidiaries of Viasystems Group, Inc. |
|        | 31.1   |                | (13    | ) | Chief Executive Officer’s Certification required by Rule 13(a)-14(a). |
|        | 31.2   |                | (13    | ) | Chief Financial Officer’s Certification required by Rule 13(a)-14(a). |
|        | 32.1   |                | (13    | ) | Chief Executive Officer Certification pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002. |
|        | 32.2   |                | (13    | ) | Chief Financial Officer Certification pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002. |

| (1)    |   | Incorporated by reference to Registration Statement No. 333-113664 on Form S-1/A of Viasystems Group, Inc. filed on April 28, 2004.      |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|
| (2)    |   | Incorporated by reference to Registration Statement No. 333-114467 on Form S-4/A of Viasystems Group, Inc. filed on June 22, 2004.       |
| (3)    |   | Incorporated by reference to the Form 8-K of Merix Corporation filed on May 16, 2006.                                                              |
| (4)    |   | Incorporated by reference to the Form 8-K of Merix Corporation filed on June 30, 2009.                                                             |
| (5)    |   | Incorporated by reference to the Registration Statement No. 333-163040 on Form S-4 of Viasystems Group, Inc. filed on November 12, 2009. |
| (6)    |   | Incorporated by reference to the Form 8-K of Viasystems, Inc. filed on December 2, 2009.                                                      |
| (7)    |   | Incorporated by reference to Registration Statement No. 333-163040 on Form S-4/A of Viasystems Group, Inc. filed on December 17, 2009.   |
| (8)    |   | Incorporated by reference to the Form 8-K of Viasystems Group, Inc. filed on February 17, 2010.                                               |
| (9)    |   | Incorporated by reference to the Form 8-K of Viasystems Group, Inc. filed on February 22, 2010.                                               |
| (10)   |   | Incorporated by reference to the Form 8-K of Viasystems Group, Inc. filed on March 30, 2010.                                                       |
| (11)   |   | Incorporated by reference to the Proxy Statement of Viasystems Group, Inc. filed on April 3, 2010.                                                 |
| (12)   |   | Incorporated by reference to the Quarterly Report on Form 10-Q of Viasystems Group, Inc. filed on May 17, 2010.                          |
| (13)   |   | Filed herewith.                                                                                                                                    |
|   |   |                                                                                                                                               |
| *      |   | Indicates management contract or compensatory plan or arrangement.                                                                                 |

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|   | EXHIBIT 21.1 |
|--------|--------------|

Subsidiaries of Viasystems Group, Inc.

| NAME OF ENTITY                                                     | JURISDICTION OFORGANIZATION |
|--------------------------------------------------------------------|-----------------------------|
| Guangzhou Kalex Laminate Company Limited                           | China                       |
| Guangzhou Termbray Circuit Board Company Limited                   | China                       |
| Guangzhou Termbray Electronics Technologies Company Limited        | China                       |
| Guangzhou Viasystems Commercial Technology Co. Limited             | China                       |
| Kalex Circuit Board (China) Limited                                | Hong Kong                   |
| Kalex Circuit Board (Guangzhou) Limited                            | Hong Kong                   |
| Kalex Multi-Layer Circuit Board (Zhongshan) Limited                | China                       |
| Merix Asia Limited                                                 | Hong Kong                   |
| Merix Asia, Inc.                                                   | Oregon                      |
| Merix Caymans Holding Company Limited                              | Cayman Islands              |
| Merix Caymans Trading Company Limited                              | Cayman Islands              |
| Merix Holding (Singapore) PTE Ltd.                                 | Singapore                   |
| Merix Printed Circuits (Huizhou) Limited                           | China                       |
| Merix Printed Circuits Technology Limited                          | China                       |
| Merix Singapore Sales PTE Limited                                  | Singapore                   |
| Print Service Holding NV                                           | Netherlands                 |
| Qingdao Viasystems Telecommunications Technologies Company Limited | China                       |
| Shanghai Viasystems EMS Company Limited                            | China                       |
| Termbray Circuit Board Company Limited                             | Hong Kong                   |
| Termbray Laminate Company Limited                                  | Hong Kong                   |
| Viasystems (BVI) Limited                                           | British Virgin Islands      |
| Viasystems (Nantong) Electronic Technologies Company Limited       | China                       |
| Viasystems (Singapore) PTE Ltd.                                    | Singapore                   |
| Viasystems (South China) Company Limited                           | Hong Kong                   |
| Viasystems Asia Pacific Company Limited                            | Hong Kong                   |
| Viasystems Asia Pacific Property B.V.I. Limited                    | British Virgin Islands      |
| Viasystems BV                                                      | Netherlands                 |
| Viasystems Canada Holdings, Inc.                                   | Quebec                      |
| Viasystems Corporation                                             | Oregon                      |
| Viasystems Electronics (Guangzhou) Company Limited                 | China                       |
| Viasystems EMS (Hong Kong) Company Limited                         | Hong Kong                   |
| Viasystems EMS (Shenzhen) Company Ltd.                             | China                       |
| Viasystems Europe Limited                                          | United Kingdom              |
| Viasystems Group, Inc.                                             | Delaware                    |
| Viasystems International, Inc.                                     | Delaware                    |
| Viasystems Kalex Printed Circuit Board Limited                     | Hong Kong                   |
| Viasystems Mommers BV                                              | Netherlands                 |
| Viasystems Research & Development Centre (Guangzhou) Co. Ltd.  | China                       |
| Viasystems Services BV                                             | Netherlands                 |
| Viasystems Services Ltd.                                           | Canada                      |
| Viasystems Technologies Corp., L.L.C.                              | Delaware                    |
| Viasystems Technology International Trading (Shanghai) Co. Ltd.    | China                       |
| Viasystems ULC                                                     | Nova Scotia                 |
| Viasystems, Inc.                                                   | Delaware                    |
| Wirekraft Industries, LLC                                          | Delaware                    |

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