FRAMINGHAM, MA – Recent volatility will gradually give way to a more positive outlook for IT spending in the second half of 2014, leading a major research firm to up its forecast for the sector today.  

DONGGUAN, CHINA – Samsung Electronics said it would do 30% less business with a China-based parts supplier after uncovering employment of child workers there.

NEWARK, NY -- IEC Electronics today said fiscal third quarter  net income fell 94% to $22,000 on lower revenue to key end-markets and new program starts that ate into profits.

LOUISVILLE, KY -- Sypris Solutions said second-quarter revenue at its Electronics Group was $9.4 million in the second quarter, an increase of 22%, from the prior year.

WASHINGTON – The 90-day moving average semiconductor sales in June reached $27.57 billion worldwide, the industry’s highest monthly sales ever, the Semiconductor Industry Association said today. Sales were up 10.8% year-over-year and up 2.6% sequentially, the trade group said.