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SAN JOSE -- Semiconductor fabrication equipment spending will decline about 9% to about $32.5 billion in 2013 as third-quarter demand fell more than expected. 2014 sales are expected to rebound in a big way, however.

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ASHBY-DE-LA-ZOUCHUK, UK -- Electrolube reported worldwide sales rose 35% year-over-year on strong demand in the UK, China and Germany. It was the company’s highest growth rate in 72 years.

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SAN MATEO, CA IDC yesterday lowered its forecast for worldwide tablet shipments but said sales would still rise more than 53% year-over-year. According to the latest forecast from the market research firm, tablet shipments are expected to reach 221.3 million units in 2013, down slightly from a previous forecast of 227.4 million but still 53.5% above 2012 levels.

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