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FRAMINGHAM, MA -- A PC "crisis" is unfolding and dragging down worldwide spending on IT equipment, according to IDC in a webinar today.

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FORT COLLINS, COFCT Assembly has completed the expansion of its existing Fort Collins, CO, facility to accommodate the company’s growth.

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MINNEAPOLIS -- Nortech Systems today reported first-quarter net sales of $25.9 million, down 8.8% from a year ago and up 3.4% sequentially.

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TAIPEI -- DRAM availability is tightening and PC vendors in particular might start feeling the constraints, according to published reports.

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OULU, FINLANDJOT Automation has moved its headquarters back to Oulu, Finland.

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MEDINA, MN ― Automated optical inspection OEM ASC International has opened its new 13,000 sq. ft. corporate office here.

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SAN DIEGO -- A private investigation is underway on behalf of investors in Nam Tai Electronics over potential securities laws violations by the contract assembler and some of its directors and officers.

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GENEVA -- A vote that would have permitted electronics equipment manufacturers to send certain types of electronics waste to developing nations for disposal went down in defeat this week.

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CHRISTCHURCH, NEW ZEALAND -- Tait Communications is contemplating cutting about 10% of its local workforce, according to published reports.

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OXFORDSHIRE, ENGLAND – Improving efficiency to win new onshore business is the focus of the Smart Group's annual European Conference and Exhibition.

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MUNICH -- Matrix Technologies has acquired fellow inspection equipment OEM FocalSpot for an undisclosed amount, the companies announced today.

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MINNEAPOLIS -- HEI Inc. swung to a first-quarter profit on a big jump in sales, in particular for military communications equipment.

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