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WASHINGTON — Worldwide sales of semiconductors reached $25.87 billion in February, an increase of 11.4% from a year ago, the Semiconductor Industry Association said today. It was the industry’s largest year-to-year increase in more than three years.

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MALMO, SWEDEN -- PartnerTech has formed a new unit for product development and services, part of the EMS firm's reorganization. The unit serves the Metal Precision Technology, Systems Integration Technology and Electronics Technology business units.

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STAMFORD, CT -- Worldwide IT spending is on pace to total $3.8 trillion in 2014, up 3.2% over 2013, Gartner said today. The forecast is slightly higher than the research firm's prediction in January.

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