STAMFORD, CT -- Worldwide IT spending is projected to total $3.5 trillion in 2017, a 2.4% increase from 2016, according to Gartner.

TABY, SWEDEN – Mycronic posted second quarter net sales of $109.3 million, up nearly 97% year-over-year.

LUMBERTON, NJ - Fine Line Stencil and Metal Etching Technology Associates will extend their respective geographic reach under a just-announced corporate merger. 

FRAMINGHAM, Mass., July 12, 2017 – Worldwide shipments of traditional PCs (desktop, notebook, workstation) totaled 60.5 million units in the second quarter, a year-on-year decline of 3.3%, according to  International Data Corp.

BILLINGSTAD, NORWAY -- Kitron ASA today reported strong revenue growth and the achievement of an important margin goal in the second quarter.

FARMINGDALE, NY -- Cemtrex has established a new subsidiary to pursue both organic and inorganic growth opportunities in the Internet of Things and wearables markets.

GUADALAJARA, MEXICO -- Sinec Technologies has moved into a new 75,000 sq. ft. electronics manufacturing services facility here.

FRAMINGHAM, MA – Worldwide purchases of robotics, including drones and robotics-related hardware, software and services, will total $97.2 billion in 2017, an increase of 17.9% over 2016.

PENANG -- ViTrox Technologies saw its revenues in North America climb 40% over a year ago for the quarter ended Mar. 31.

MINNEAPOLIS, MN – Microsoft’s Rune Jensen will keynote SMTA International with his presentation on the Microsoft HoloLens.

KAOHSIUNG CITY, TAIWAN -- Lite-On Technology has broken ground on a massive new manufacturing site here where it will build LED automotive lighting and various cloud computing devices.

WASHINGTON -- Nichicon will plead guilty for its role in a conspiracy to fix prices for electrolytic capacitors sold to customers in the United States and elsewhere, the Department of Justice announced today.