SAN JOSE — The 90-day moving average orders at North America-based semiconductor equipment manufacturers was $1.28 billion worldwide in January, up 19.1% year-over-year. Bookings were down 7.2% from the revised December figures, SEMI said.
EL SEGUNDO, CA — Worldwide spending on cloud-related infrastructure and services will grow by factor of three from 2011 to 2017, according to a new report from IHS. Global business spending for infrastructure and services related to the cloud will reach an estimated $174.2 billion this year, up 20% from $145.2 billion in 2013.
FARMINGDALE, NY -- Cemtrex today reported fiscal first-quarter consolidated net income of $416,552, up from $166,915 in 2012. For the three months ended Dec. 31, sales increased 310% to $8.96 million, boosted by its acquisition of ROB Group.