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STAMFORD, CT -- Market research firm Gartner today raised its forecast for worldwide semiconductor capital spending, but said the outlook for 2016 remains "bleak."

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VANCOUVER -- Pacific Insight Electronics reported fiscal third quarter revenues of C$35 million, up 53% from a year earlier.

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FRIEDBERG, GERMANY -- Fuji Machine Manufacturing has taken a 34% stake in Tower-Factory GmbH, a manufacturer of component storage equipment.

An announcement regarding the investment indicated Tower's storage equipment is already integrated into Fuji’s material handling lines. The deal is intended to prepare the companies for future manufacturing solutions such as Industry 4.0 and IIC.

Financial terms were not disclosed.

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