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TORONTO -- SMTC executive vice president-operations Paul Blom resigned today, effective immediately.

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NEW YORK -- Global spending on enterprise network infrastructure is expected to grow 5.1% year-over-year, according to the latest data from Gartner.

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SAN FRANCISCO -- IC revenue is expected to grow an aggregate 28.7% between 2012 and 2017, according to a new study from New Ventures Research.

IC packaging revenue will grow even faster -- 33.5% over the next five years.

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SHENZHEN -- Nam Tai Electronics's first-quarter revenue shot up 102% year-over-year as the contract assembler continued its hot streak. Despite the gains, however, the EMS firm warned of problems ahead.

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BILLINGSTAD, NORWAY -- Two days after announcing the resignation of its CEO, Kitron's management changes continued with the appointment of Cathrin Nylander as chief financial officer.

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TORONTO -- Artaflex announced today that it has completed its going private transaction previously announced on Mar. 26, 2013.

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