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METHUEN, MA -- Shareholders of flexible circuit manufacturer Parlex Corp. today approved the sale of the company to Johnson Electric Holdings. The deal is expected to close this week.

NEEDHAM, MA – PTC, a supplier of product lifecycle management software, reported revenue of $195.1 million for the fourth fiscal quarter ending Sept. 30, 2005, up 15% from $170.1 million for the same period last year.

DORSET, UK -- Speedprint Technology Ltd. and Tecan Stencils will sponsor a number of lead-free clinics at Productronica next week.

Presentations by Tony Welton of Tecan will cover Pb-free considerations for materials, stencils, soldering and printing. The sessions will take place in booth A4.121 the week of Nov. 14, in Munich.

Tecan also will offer a Lead-free Help Desk within Speedprint's booth.

Speedprint is a division of Blakell Europlacer Group.

SAN JOSE -- The Semiconductor Industry Association today applauded congressional action to provide a significant increase in federal funding for the National Science Foundation in 2006.

Congress appropriated $5.65 billion for the NSF, an increase of 3.3% over last year.

PALO ALTO, CA -- IPCore Technologies Corp., China's largest design service company, has selected the Agilent Technologies 93000 SOC series for testing digital, mixed-signal and RF devices.

Agilent is also collaborating with IPCore on test-program and load-board design.

"[We] found that the Agilent 93000 system offered a scalable platform with the flexibility, accuracy and speed we require," said Randy Cao, senior director of turnkey operations, IPCore. "Agilent has demonstrated its strong commitment and support capability to the high-end SOC test market in China."

Agilent has installed more than 1,000 9300 systems worldwide.

SHANGHAI -- Third quarter handset sales in China reached 20.97 million units, a record, according to a media report today.

The shipments were valued at 31.8 billion yuan (RMB8.2:US$1), according to a report from Chinese Sina.com, quoting sources at China-based CCID Consulting.

Handset shipments are forecast to top 88 million units this year, CCID predicted, up 20.5% over last year.

Nokia was the top vendor, with a 19.3% share, followed by Motorola (12%), Samsung Electronics (9.5%), Ningbo Bird (8%), and Lenovo (5.1%).

Foreign OEMs are pushing out domestic brands: Chinese phone makers reported a 41.3% share for the quarter, the lowest mark of the year, the report said.