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EL SEGUNDO, CA — The semiconductor and electronics OEM industries are set to enjoy significant revenue growth in 2013, partly due to their tight management of inventory levels, according to IHS. Among OEMs in six categories, total revenue in the third quarter reached an estimated $493 billion, up 7% from $462 billion in the second quarter. Revenue in the final quarter of the year is expected to climb at an even more blistering pace, reaching $540 billion with sequential growth of 10%.

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BALVE, GERMANYBalver Zinn has granted the rights to manufacture and distribute the SN100C alloy to a pair of Germany-based metals companies.

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WASHINGTON -- Foxconn Technology Group is committing up to $40 million in new US manufacturing facilities and R&D, the company's chairman said Thursday.

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