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CHELMSFORD, ESSEX, UK – Pillarhouse International today announced a record first quarter for orders received and systems shipped.

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TAIPEI -- Foxconn today reported fourth quarter net profits grew 30% year-over-year to T$68.8 billion ($2.26 billion), beating consensus estimates.

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PLANO, TX – Siemens today closed its acquisition of Mentor Graphics. The EDA company is now part of Siemens' product lifecycle management (PLM) software business.

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SCOTTSDALE, AZ – IC Insights raised its worldwide IC market growth forecast for 2017 to 11%, more than twice its original 5% outlook on an improved outlook for DRAM and NAND flash memory.

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MUNICH -- Siemens' pending acquisition of Mentor Graphics could be completed as soon as today and will almost assuredly close before Mar. 31, according to filings with the US Securities and Exchange Commission.

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TAIPEI -- The global smartphone market, which has been experiencing slowing growth and intensifying competition, has become an even tougher environment because of recent sharp rises in component prices.

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