LONDON -- The man portable military electronics market will reach $3.1 billion in 2014, a new research report says. Visiongain says significant investment in the sector in recent decades has led to a boom, particularly due to US and allied forces in operations in the Middle East and Central Asia.

SAN JOSE, COSTA RICA -- Intel yesterday announced plans to cut 1,500 jobs from its assembly and test operation here as part of a planned migration of manufacturing to Asia. The cuts affect more than 50% of the semiconductor manufacturer's workforce here.

OYSTER BAY, NY -- Sales of collision warning and mitigation systems will reach $29.5 billion by the end of 2020, with the majority of the market value being accounted for by vehicles sold in the Asia-Pacific region, ABI Research forecasts.

TORONTO – Firan Technology Group reported first-quarter sales ended Feb.  28 of nearly $14 million, up 7.5% year-over-year.