NEWARK, NY -- IEC Electronics understated its excess and obsolete inventory by $700,000 in its fiscal 2014 ended last June, the company said today.

MINNEAPOLIS -- Nortech Systems today reported net sales of $26.5 million for the first quarter ended Mar. 31, up 1.5% from a year ago. 

LYON, FRANCE – The fan-out wafer level packaging market reached more than $150 million in 2014, and a CAGR of 30% for the next five years is expected, says Yole Developpement.

SCHAUMBURG, IL -- Sparton today said fiscal third quarter sales at its Manufacturing and Design Services unit rose 3.6% to $62.2 million.

LISLE, IL -- Molex today announced the acquisition of certain assets of Soligie, a provider of printed and flexible electronics for various end-markets.  

RENTON, WA — A New York jury has found a competitor to have infringed on Microscan Systems' bar code technology, the company announced today.

BANGKOK – Fabrinet reported fiscal third quarter revenue ended Mar. 27 of $189.5 million, up 13% year-over-year.

NATICK, MA – Cognex reported first-quarter revenue increased 25% year-over-year, setting a record in the process.

WASHINGTON —  Worldwide sales of semiconductors reached $83.1 billion during the first quarter, up 6% year-over-year.

LONDON -- Global revenues from smart home automation systems will grow at a 21% CAGR between 2015 and 2020, according to ABI Research.

SAN JOSE -- Jabil Circuit has become the latest EMS company to open an R&D and product innovation site here.

FRAMINGHAM, MA – Worldwide tablet shipments in March recorded a year-over-year decline for the second consecutive quarter as overall shipments fell to 47.1 million.