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PHOENIX-- Avnet has agreed to acquire substantially all of the operating assets of passive semiconductor distributor Universal Semiconductor for an undisclosed sum.

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SAN JOSE — Worldwide semiconductor manufacturing equipment bookings plummeted 12% year-over-year in the third quarter, according to the SEMI trade group. Bookings were down 31% from the second quarter to $6.71 billion.

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EL SEGUNDO, CA -- After spectacular growth the past few years, the ebook reader market is on an alarmingly precipitous decline, sent reeling by more nimble tablet devices that have gained the ardent patronage of consumers, according to an IHS iSuppli report.

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