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TAIPEI - Hon Hai Precision Industry (Foxconn) today reported June revenues rose 5% year-over-year. The world's largest electronics ODM/EMS company reported sales of NT$304.6 billion ($10.13 billion), reversing a slower sales trend that had plagued the company much of the year.

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SHANGHAI -- Overall PC shipments will rise 7% year-over-year to 493.1 million units in 2013, on strong demand for tablets. Tablets will make up 37% of the market this year, Canalys says, up from 25% in 2012.

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RICHARDSON, TXAsset InterTech has acquired Arium.

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CHENNAI, INDIASanmina said it would make India a hub of its global IT operations and would increase manufacturing here.

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SAN FRANCISCO SEMI said semiconductor equipment sales will reach $44 billion in 2014, up 21% over estimated 2013 equipment spending, according to its mid-year forecast released Monday.

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SAN JOSE -- Samsung this week will start construction on a 1.1 million sq. ft. research and development campus here, its largest outside of Seoul, Korea.

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