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EL SEGUNDO, CA -- The combined hardware and manufacturing cost of Microsoft’s new Xbox One amounts to $471, suggesting that Microsoft is subsidizing the cost of the video game console at the time of launch. Read more ...

FRAMINGHAM, MA – Worldwide smartphone shipments are expected to surpass 1 billion units in 2013, representing 39.3% growth over 2012, IDC said. Despite a number of mature markets nearing smartphone saturation, the demand for low-cost computing in emerging markets continues to drive the smartphone market forward, the research firm stated.

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MANIEMA PROVINCE, DRC -- Changes in local trade following the agreement to mine conflict-free metals in the Democratic Republic of Congo have had many positive impacts on the community, according to the promoters of a new mining traceability program.

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SON, THE NETHERLANDS – Neways Electronics plans to terminate production activities at its subsidiary in Kassel, Germany, after a major fire in September brought all production at the site to a halt. The EMS company said that after an evaluation of its options, there's no alternative other than to terminate Neways Electronics Production's production activities.

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HUDSON, NH – Contract assembler Altronics Manufacturing plans to increase its factory size by about 50% in order to accommodate system assembly and box build, the company told a local paper.

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SOUTH AYRSHIRE, SCOTLANDPromation will establish a soldering lab here during the next year's first quarter to sell the company’s line of robotic soldering systems.

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