SAN JOSE – Growing demand for mobile devices, such as tablets and phones, inspires an improved outlook for chip sales in 2013, according to SEMI’s latest World Fab Forecast.

SHENZHEN -- Chinese authorities are investigating Foxconn Technology Group for possible bribe-taking, the EMS company acknowledged today.

BILLINGSTAD, NORWAY -- Kitron's chief financial officer has resigned, effective by the end of July.

LAS VEGAS -- Panasonic president Kazuhiro Tsuga yesterday said additional layoffs may be in store for the money-losing electronics giant. Some non-core business units could be sold to raise cash, he added in remarks at the Consumer Electronics Show here.