FRAMINGHAM, MA – Worldwide shipments of virtual reality hardware will skyrocket in 2016, with total volumes reaching 9.6 million units, says IDC. Led by products from Samsung, Sony, HTC and Oculus, the category should generate hardware revenues of approximately $2.3 billion in 2016.

SAN JOSE – North America-based semiconductor equipment manufacturers reported 90-day moving average worldwide orders slipped about 1% in March.

TABY, SWEDEN -- Mycronic reported March quarter net sales rose 13.2% to SEK 344 million ($42.3 million).

NEW HAVEN, CT -- A Shenzhen citizen faces up to 10 years in prison after pleading guilty in a US federal court to conspiring to sell knockoffs of ICs to a purchaser in the US.

BILLINGSTAD, NORWAY -- Kitron today reported growth in revenue and order backlogs, as well as continued improvement in underlying profitability.

COLLEGE PARK, MD -- The top engineer at BAE Systems will keynote the upcoming CALCE/SMTA symposium on counterfeit electronics in late June. 

SUZHOU – Pegatron is expected to set up a new company here to produce and sell electronic components, reports say.

SAN MARCOS, CA – Creative Electron has acquired the legacy MXI service business of several x-ray lines, including FocalSpot, from Nordson-MatriX.

TORONTO – Celestica today reported first quarter revenue of $1.35 billion, up 4% year-over-year.

FRUITPORT, MI -- Ram Electronics has been acquired by a pair of office furniture executives for an undisclosed price.

ITASCA, IL -- ITW's Test & Measurement and Electronics business unit reported first-quarter revenue of $464 million, down 1.9% organically from 2015.

HERNDON, VA -- iNEMI announced four new projects ranging from PCB materials for automotive applications to reuse and recycling are open for registration.