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STAMFORD, CT -- Worldwide IT spending is forecast to total $3.54 trillion dollars in 2016, up 0.6% over 2015, according to a Gartner study released today.

PUNE, INDIA – The electronics conformal coating market is estimated to reach $2.4 billion by 2020, a CAGR of 6% between 2015 and 2020, says MarketsandMarkets.

HAMPSHIRE UK -- Annual revenues from commercial drones sales are expected to reach $481 million this year, up 84% over last year, new research says.

ESPOO, FINLAND -- A new roll-to-roll overmolding manufacturing process turns components into durable electronics products such as wearable sports solutions, toys and, for even household appliances equipped with an overmolded solar cell, a new report says.

PATHUMTANI, THAILAND -- SVI Public Co. has acquired Seidel Electronics, an Austria-based EMS company with plants in Austria, Hungary, Czech Republic and Slovenia.

MILTON, NY – Sono-Tek reported sales of $3.03 million for the three months ended Nov. 30, up 6% year-over-year and 2% sequentially.

NEW YORK – Over the next 12 months, smart home device sales will nearly double year-over-year, as the groundwork and service offerings developed over the past few years provide solid impetus for wider adoption, says ABI Research.

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