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HAMPSHIRE, UK – Nearly 60 million smartphone VR headsets will ship in 2021, up 240% from the 16.8 million expected to be sold this year. However, falling average selling prices of these devices means they will only account for 7% of hardware revenue, says Juniper Research.

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BANGKOK – Fabrinet reported fiscal first quarter revenue of $332 million, an increase of 53% year-over-year.

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TAIPEI, TAIWAN -- Inventec will expand production capacity in several regions outside China to meet growing demand for IT infrastructure and PC equipment, according to published reports.

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