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SAN FRANCISCO -- IC revenue is expected to grow an aggregate 28.7% between 2012 and 2017, according to a new study from New Ventures Research.

IC packaging revenue will grow even faster -- 33.5% over the next five years.

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SHENZHEN -- Nam Tai Electronics's first-quarter revenue shot up 102% year-over-year as the contract assembler continued its hot streak. Despite the gains, however, the EMS firm warned of problems ahead.

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BILLINGSTAD, NORWAY -- Two days after announcing the resignation of its CEO, Kitron's management changes continued with the appointment of Cathrin Nylander as chief financial officer.

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TORONTO -- Artaflex announced today that it has completed its going private transaction previously announced on Mar. 26, 2013.

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HAWTHORNE, CAOSI Systems reported revenues of $198 million, a decrease of 5% year-over-year for the fiscal third-quarter ended Mar. 31.

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MINNEAPOLISCyberOptics reported consolidated sales of $6.7 million, down 41% year-over-year.

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