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OYSTER BAY, NY – Asia-Pacific will be responsible for half of the 220 million unit set-top box market from 2013, says ABI Research.

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DANBURY, CT – Contract electronics manufacturer KimchuK has opened its fourth facility here.

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TAIPEI -- Foxconn Technology said unconsolidated sales in June rose 69.1% year-over-year to NT$5.2 billion ($173.7 million).

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SANTA CLARA – Shipments of LCD TVs are now expected to grow at a slower pace in 2012 than 2011, says NPD DisplaySearch.

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SAN FRANCISCO — Semiconductor equipment sales will fall 2.6% year-over-year in 2012, according to SEMI's semiannual capital equipment forecast, released today.

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DURACH, GERMANY-- Another Top 50 EMS company is undergoing reorganization. SRI Holding, which includes SRI Radio Systems, filed for insolvency on July 5 in Kempton, Germany.

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STAMFORD, CT — Worldwide IT spending is on pace to reach $3.6 trillion in 2012, up 3% from 2011, according to the latest outlook by Gartner.

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DOWNERS GROVE, IL -- Dover Corp. lowered its 2012 full-year diluted earnings forecast, citing weakness in Europe and other vectors.

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WEYMOUTH, UK -- DEK is enhancing its franchisees’ capabilities in China and India with additional laser machines and other expertise.

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NEW YORK -- Global OEM connected car system penetration is expected to increase from the low teens to more than 60% over the next five years, new research says.

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TAIPEI -- Foxconn chief executive Cheng Tien (Terry) Cheng will step down July 31 due to health reasons, several media sites are reporting.

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CHANGSHU, CHINA -- Enics's new plant here outside Suzhou has begun production and will host its official inauguration on Sept. 25.

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