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TAIPEI -- Foxconn Technology said unconsolidated sales in June rose 69.1% year-over-year to NT$5.2 billion ($173.7 million).

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SANTA CLARA – Shipments of LCD TVs are now expected to grow at a slower pace in 2012 than 2011, says NPD DisplaySearch.

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SAN FRANCISCO — Semiconductor equipment sales will fall 2.6% year-over-year in 2012, according to SEMI's semiannual capital equipment forecast, released today.

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DURACH, GERMANY-- Another Top 50 EMS company is undergoing reorganization. SRI Holding, which includes SRI Radio Systems, filed for insolvency on July 5 in Kempton, Germany.

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STAMFORD, CT — Worldwide IT spending is on pace to reach $3.6 trillion in 2012, up 3% from 2011, according to the latest outlook by Gartner.

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DOWNERS GROVE, IL -- Dover Corp. lowered its 2012 full-year diluted earnings forecast, citing weakness in Europe and other vectors.

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WEYMOUTH, UK -- DEK is enhancing its franchisees’ capabilities in China and India with additional laser machines and other expertise.

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NEW YORK -- Global OEM connected car system penetration is expected to increase from the low teens to more than 60% over the next five years, new research says.

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TAIPEI -- Foxconn chief executive Cheng Tien (Terry) Cheng will step down July 31 due to health reasons, several media sites are reporting.

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CHANGSHU, CHINA -- Enics's new plant here outside Suzhou has begun production and will host its official inauguration on Sept. 25.

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ATLANTA -- Join a pair of industry experts next week for a two free moderated chats on surface mount processing and cleaning.

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MANASSAS, VAZestron will host a Printed Circuit University chat session on July 9 from 2 to 3 pm Eastern.

This moderated PCB Chat will focus on the importance of cleaning within the SMT process. Topics of interest include why clean PCBs, failure mechanisms and their impact on product reliability, surface analytics, conformal coating integrity, as well as stencil, misprint and maintenance cleaning opportunities.

Attendees can submit questions privately via www.pcbchat.com up to two hours in advance of the chat, or while the chat is live. As questions are answered, they appear online in sequential fashion. Following the chat, the transcript is made available for on-demand viewing and is also searchable.

To participate, register for free as a member of Printed Circuit University at www.printedcircuituniversity.com.

PCB Chat is hosted by UP Media Group.

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