TAIPEI -- Foxconn Electronics reported consolidated revenues ticked up 0.4% to NT$339.6 billion ($10.5 billion) in March.

TAIPEI -- Lite-On Technology reported March consolidated revenues rose 1.1% year-over-year to NT$18.4 billion ($568.5 million).

BOSTON – Global virtual reality headset revenues will reach $895 million in 2016, with 77% of that value accounted for by newly launched premium devices from Oculus, HTC and Sony, says Strategy Analytics.

STAMFORD, CT – Worldwide IT spending is forecast to total $3.49 trillion in 2016, down 0.5% over 2015, says Gartner. The forecast is down from the research firm's previous outlook of 0.5% growth, published last quarter.