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NEW YORK – The Indian consumer electronics market is expected to grow at a CAGR of more than 17% from 2012 to 2015, says reportlinker.com.

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MILTON, NYSono-Tek says it expects growth in its ultrasonic spray fluxing business in 2013.

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IRVINE, CA -- Probe Manufacturing reported a net loss of $116,373 for 2012, down from a net profit of $91,000 in 2011.

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LOCKEPORT, NOVA SCOTIA, CANADA -- Contract electronics assembler Allendale Electronics has laid off one-third of its workforce after losing a large account, the company said.

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KAUNAS, LITHUANIA -- Kitron's board of directors is expected to decide shortly on whether to go through with a planned multi-million dollar expansion of manufacturing site here.

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NORWALK, CT -- Total worldwide semiconductor revenue fell 2.6% year-over-year to $299.9 billion in 2012, with more large vendors seeing sales fall than grow.

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