STAMFORD, CT – Market research firm Gartner today raised its 2016 worldwide IT spending outlook to $3.41 trillion, flat with 2015's results. Last quarter the firm predicted IT spending would drop 0.5%. The change in the forecast is mainly a result of currency fluctuations, the firm says.

BRIDGEWATER, MA -- Chase Corp., the parent company of Humiseal, today reported revenue of $64.2 million for the quarter ended May 31.

WASHINGTON — The Semiconductor Industry Association today announced the release of the 2015 International Technology Roadmap for Semiconductors (ITRS), a collaborative report that surveys the technological challenges and opportunities for the semiconductor industry through 2030.

SAN JOSE, CA – Power Design Services has invested $500,000 in a 5,000 sq. ft. expansion at its PCB assembly manufacturing facility here.

BRADENTON, FL – A local engineering company has developed a process attaching electrical terminals to PCBs by removing the ear sections on certain GBBA and FAE terminals and replacing them with pins that plug directly into a printed circuit board.

NORTH ANDOVER, MA – Elite Manufacturing Services has purchased Lawrence, MA-based Multi-Lab for an undisclosed sum.

TOKYO -- OKI continued its push into EMS with an agreement to buy Nippon Avionics' (Avio) printed circuit board business.

ROME, NY -- The EOS/ESD Association today announced the release of its 2016 Technology Roadmap.

HONG KONG — Foxconn filed for an IPO of its cable and connector unit here, with the potential to raise between $500 million and $1 billion, according to published reports.

WASHINGTON — Worldwide semiconductor sales fell 7.7% in May from a year ago, to $26 billion.

TAIPEI – Following Foxconn’s $3.5 billion purchase of Sharp, the ODM plans to close a number of money-losing businesses and lay off 7,000 employees, according to reports.

CHANDLER, AZ – ACE Production Technologies will hold a free solderability testing and component lead tinning workshop here Aug. 10.