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SAN JOSE -- Global semiconductor sales rose 7.1% sequentially in the second quarter to $74.8 billion.

June sales were up 0.5% over May to $24.9 billion, the Semiconductor Industry Association reported today.

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SINGAPORE -- Surface Mount Technology Holdings said its fiscal first-quarter loss narrowed to HK$6.6 million ($850,000) from HK$16.4 million ($2.1 million) last year.

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MINNEAPOLIS -- Inspection equipment OEM CyberOptics reported second-quarter net income rose to $969,000, up from a net loss of $1.92 million last year.

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