TAIPEI -- Lite-On Technology's consolidated fourth-quarter revenues climbed 1.5% year-over-year to NT$60.1 billion (US$1.87 billion).

ARLINGTON, VA – Consumer electronic revenues are expected to increase 3% to a record $223.2 billion in 2015, according to the Consumer Electronics Association.

ATLANTA -- Rehm Thermal Systems named Paul Handler managing director at its US business unit, responsible for system marketing, expanding Rehm's service network in North America and monitoring technological developments in the electronics sector.

OYSTER BAY, NY -- The staggering growth of phablets is eating into the demand for smaller smartphones, a new report asserts.

NEWARK, NY -- Locked in a battle with its largest shareholder over control of its board of directors, the chairman of IEC Electronics today issued a letter to company stockholders calling the bid "fundamentally flawed" and a "serious conflict of interest." 

MINNEAPOLIS, MN – The winner of the Rich Freiberger Best of Conference Award for SMTA International 2014, as selected by conference attendees, is Chrys Shea, Shea Engineering, for her presentation "The Effects of Stencil Alloy, Tension and Cut Quality on Solder Paste Print Performance," coauthored by Ray Whittier, Vicor.

WASHINGTON – The 90-day moving average semiconductor sales reached $29.7 billion worldwide in November, up 9.1% year-over-year and down 0.1% sequentially, said the Semiconductor Industry Association.

HYDERABAD, INDIA -- Cyient today announced an agreement to acquire a majority stake in EMS firm Rangsons Electronics for an undisclosed amount in cash.

SINGAPORE -- Kulicke and Soffa Industries has entered into a definitive agreement to acquire a 100% equity stake of Assembléon for $98 million in cash.

NORTH BILLERICA, MA -- EMS firm MC Assembly has signed a lease for nearly 60,000 sq. ft. of space at the Brookwood Business Center here.

MCLEAN, VA -- Gladstone Capital has committed to invest up to $15 million through a combination of debt and equity to support a private investment in a US electronics manufacturing services company.

TABY, SWEDEN -- Mycronic AB raised its financial outlook for full year revenue in 2014, saying sales from both its divisions are running ahead of plan.