BOSTON – Global virtual reality headset revenues will reach $895 million in 2016, with 77% of that value accounted for by newly launched premium devices from Oculus, HTC and Sony, says Strategy Analytics.

STAMFORD, CT – Worldwide IT spending is forecast to total $3.49 trillion in 2016, down 0.5% over 2015, says Gartner. The forecast is down from the research firm's previous outlook of 0.5% growth, published last quarter.

TAIPEI -- Foxconn Electronics (Hon Hai) says reports it has ducked taxes through offshore shell companies are wrong and potentially libelous, according to a report today.

BANNOCKBURN, IL – The recent IPC Apex Expo trade show drew 4,048 attendees from 56 countries, show organizers said today.

WASHINGTON, DC – The US National Air and Space Agency recently compared trials on a variety of products to see if its demanding standards could be achieved with newer alternatives to cleaning with normal propyl bromide.

LYON, France – The share of electric cars (EV) and their hybrid cousins (HEV) made up 30% of the overall power module market in 2015, a share that will grow to almost 50% by 2021.

NEVADA CITY, NV -- The world’s largest EMS providers recorded a new high mark in revenues, up 3.2% in 2015 from the previous year.

STAMFORD, CT – Worldwide semiconductor wafer-level manufacturing equipment revenue totaled $33.6 billion in 2015, down 1% from 2014, says Gartner. The top 10 vendors accounted for 77% of the market, down from 78% in 2014.

STAMFORD, CT -- Worldwide semiconductor revenue totaled $334.8 billion in 2015, down 2.3% year-over-year, says Gartner.

SPOKANE VALLEY, WA – Registration is open for Ace Production Technologies’ May 3-4 advanced selective soldering workshop.

ENGLEWOOD, CO -- The US version of the iPhone SE smartphone costs about $160 to build, less than $4 of which is for assembly services, an new teardown suggests.

ANGLETON, TX -- In the face of an attempt by activist shareholder to seat several new directors, Benchmark Electronics is fighting back.