BOXBORO, MA -- A leading SMT equipment company will host a local demonstration and open house here next month.

STAMFORD, CT -- Worldwide IT spending is forecast to total $3.54 trillion dollars in 2016, up 0.6% over 2015, according to a Gartner study released today.

PUNE, INDIA – The electronics conformal coating market is estimated to reach $2.4 billion by 2020, a CAGR of 6% between 2015 and 2020, says MarketsandMarkets.

HAMPSHIRE UK -- Annual revenues from commercial drones sales are expected to reach $481 million this year, up 84% over last year, new research says.

ESPOO, FINLAND -- A new roll-to-roll overmolding manufacturing process turns components into durable electronics products such as wearable sports solutions, toys and, for even household appliances equipped with an overmolded solar cell, a new report says.

PATHUMTANI, THAILAND -- SVI Public Co. has acquired Seidel Electronics, an Austria-based EMS company with plants in Austria, Hungary, Czech Republic and Slovenia.

MILTON, NY – Sono-Tek reported sales of $3.03 million for the three months ended Nov. 30, up 6% year-over-year and 2% sequentially.

NEW YORK – Over the next 12 months, smart home device sales will nearly double year-over-year, as the groundwork and service offerings developed over the past few years provide solid impetus for wider adoption, says ABI Research.

TEL AVIV, ISRAEL -- Flex reportedly has withdrawn from its pursuit to acquire Israel Military Industries Ltd., the Israeli defense arm which has been on the block for years.

BANNOCKBURN, IL — Tech trade groups are responding positively to President Obama's emphasis on the importance of the manufacturing sector and call for free trade during his State of the Union address this week.

MINNETONKA, MN – Circuit Check has been purchased by a Chicago-based private equity firm.

STAMFORD, CT – Worldwide semiconductor capital spending is projected to decline 4.7% in 2016 to $59.4 billion, says Gartner.