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STAMFORD, CT – Gartner this week raised its worldwide semiconductor capital spending projection for 2016, but warned of possible lower production longer-term.
 
The research firm now expects spending to decline 0.7% in 2016 to $64.3 billion. That's up from the estimated 2% decline in Gartner's previous quarterly forecast.

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ANGLETON, TX -- Benchmark Electronics today announced second quarter net income fell 38% on a 13% drop in sales.

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CONKLIN, NY – Universal Instruments appointed Jeff Knight as general manager of the Advanced Process Lab (APL) and Advanced Technology Assembly Services (ATAS).

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NEENAH, WI – Plexus reported fiscal third quarter revenue ended July 2 of $667.6 million, down 0.3% year-over-year and up 7.9% sequentially.

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OOSTERHOUT, THE NETHERLANDS – Vitronics Soltec shipped its last mySelective 6748 soldering machine.

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GLENVIEW, IL -- Illinois Tool Works today reported second quarter revenue at its Test & Measurement/Electronics unit grew 3% from a year ago to $507 million.

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