FRAMINGHAM, MA – Recent volatility will gradually give way to a more positive outlook for IT spending in the second half of 2014, leading a major research firm to up its forecast for the sector today.  

DONGGUAN, CHINA – Samsung Electronics said it would do 30% less business with a China-based parts supplier after uncovering employment of child workers there.

NEWARK, NY -- IEC Electronics today said fiscal third quarter  net income fell 94% to $22,000 on lower revenue to key end-markets and new program starts that ate into profits.

LOUISVILLE, KY -- Sypris Solutions said second-quarter revenue at its Electronics Group was $9.4 million in the second quarter, an increase of 22%, from the prior year.

WASHINGTON – The 90-day moving average semiconductor sales in June reached $27.57 billion worldwide, the industry’s highest monthly sales ever, the Semiconductor Industry Association said today. Sales were up 10.8% year-over-year and up 2.6% sequentially, the trade group said.

MENTOR, OH ― Libra Industries has acquired fellow EMS firm Tetrad Electronics for an undisclosed amount.

VERNON, CT – North Hartland Tool Corp. has acquired printed circuit board maker TEK Industries, according to reports.

SMYRNA, GA – PRINTED CIRCUIT DESIGN & FAB is undertaking its annual salary survey of printed circuit board designers, design engineers and other layout specialists.

JASPER, IN -- Kimball today reported June quarter sales at its electronics manufacturing services unit rose 3% year-over-year to $199 million.

CHICAGO – There were seven completed transactions in the second quarter in the EMS industry, says Lincoln International in its latest report.

BANNOCKBURN, IL –  Total North American printed circuit board shipments decreased 0.9% in June year-over-year, leaving year-to-date shipment growth  down 0.3%, says IPC.

SHENZHEN -- A Foxconn worker committed suicide at an off-campus building, the company said Tuesday.