NEWARK, NY -- IEC Electronics today announced the sale of its money-losing Southern California Braiding Co. business to DCX-CHOL Enterprises for about $2.5 million.

NATICK, MA and RENTON, WA – Cognex and Microscan Systems have settled on all outstanding litigation between the parties.

TUALATIN, OR – LPKF Laser & Electronics has downgraded its forecast for 2015, now anticipating revenue in the range of EUR 90 million to EUR 110 million.

STAMFORD, CT -- Worldwide combined shipments of devices (PCs, tablets, ultramobiles and mobile phones) are expected to reach 2.5 billion units in 2015, a 1.5% increase from 2014.

TORONTO – Celestica has appointed Robert Mionis as president, CEO and member of the board, effective Aug. 1.

STAMFORD, CT -- Gartner today lowered its outlook for worldwide semiconductor revenue, saying the market would grow 2.2% year-over-year in 2015.

RENTON, WA – A new white paper from Microscan defines elements of the Internet-enabled factory and provides steps for preparing industrial manufacturing operations for the next stage of device connectivity.

WOODRIDGE, IL – In the first half of 2015, Navitas Electronics has added substantial new SMT capacity, expanding its production capability to medium- to high-volume printed circuit board and mechanical assembly manufacturing.

WASHINGTON — Worldwide semiconductor sales reached $28.2 billion on a 90-day moving average in May, up 5.1% from a year ago.

CHICAGO – The Selective Soldering Academy is offering two training sessions here; dates are July 28-30 and Aug 25-27.

SIEVI, FINLAND -- With its takeover by Scanfil nearly complete, PartnerTech's board says the company will delist from Nasdaq Stockholm exchange.

MUNTINLUPA CITY, PHILIPPINES – Alpha will host a full-day technology seminar on July 8 here.