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ESPOO, FINLAND – Finnish EMS giant Elcoteq plans to open a new facility in Tallinn, Estonia, say published reports.

BOONTON, NJ – Overall telecommunications services revenues are expected to grow at a compounded rate of nearly 13.8% during the next few years, reaching $3.7 trillion by 2015, says The Insight Research Corp.

The worldwide telecommunications industry is expected to continue expanding over the next five years, as growth of wireless services in emerging markets offsets the spending slowdown in the advanced economies, says the firm.

Wireless is expected to make the strongest showing, while wireline will follow a distant second.

Nearly all growth in both sectors is expected to occur in broadband services, with wireless broadband service revenues expected to grow at a compounded rate of more than 62% over the forecast period; wireline broadband services is expected to grow at a 6% rate.

MANILA -- Integrated Microelectronic Inc. will list its shares in the Philippine Stock Exchange later this month, the company said.

SCHAUMBURG, IL -- Motorola has sold its European cable modem unit to Compal Electronics, the company said yesterday.

SMYRNA, GA – UP Media Group Inc. seeks abstracts for PCB West 2010, to be held Sept. 28-30 in Santa Clara, CA.

CAMBRIDGE, MA – After a bleak 2009, recovery is imminent for the technology sector, as firms begin spending on computers and software again, says Forrester Research.

The research firm expects global spending on technology products and services to increase 8.1% this year, to more than $1.6 trillion. US spending is expected to rise 6.6% to $568 billion.

Demand for new computers and updated software is expected, with Windows 7 also giving the sector a much-needed boost.

Although the sector is expected to rebound, “computer equipment purchases in 2010 will still be lower than in 2008 or even 2007,” Forrester analyst Andrew Bartels says.

Growth will begin slowly and quicken later in the year, says Forrester.

Communications equipment spending is also expected to increase, partly as a result of demand in emerging markets that are building wireless and broadband networks.