WASHINGTON – Global semiconductor sales were $40 billion for January, an increase of 13.2% year-over-year and 1% sequentially, according to the Semiconductor Industry Association.

HONG KONG – ASM Pacific Technology reported fourth quarter SMT Solutions revenue of HK$1.93 billion (US$248.8 million), up 1.4% year-over-year and 10.4% sequentially.

DOWNERS GROVE, IL – Hirose Electric USA named Shinya (Sid) Tono president and COO, effective Apr. 1.

BANNOCKBURN, IL – The global economy continues to improve, in many ways recovering better than anticipated, according to a new report by IPC. Meanwhile, the electronics industry is looking at a prolonged recovery, says Shawn DuBravac, Ph.D., chief economist, IPC.

MARION, MA -- Polaris Contract Manufacturing, Lockheed Martin's contract electronics manufacturing arm, will close its site here as part of a corporate relocation.