EL SEGUNDO, CA -- Reports of counterfeit parts have soared dramatically in the last two years, presenting huge challenges for electronics manufacturing and especially the military and aerospace industry at a time when the US government is tightening regulations covering fake components, according to information and analysis provider IHS.

HONG KONG -- SMT Holdings has received a measure of relief as the beleaguered EMS company entered a "standstill" agreement with a majority of its lenders.

DALLAS -- Texas Instruments' chief executive says semiconductor manufacturers are poised to see a spike in demand once inventories have been drawn down.

SEOUL -- Automated optical inspection OEM Mirtec's North American revenue grew over 21% year-over-year in 2011, the company said today.