SCOTTSDALE, AZ – IP set-top box unit shipments will surpass 21 million in 2011, up 14% year-over-year, says In-Stat.

Motorola remained the market share leader in 2010, with 21% of the market. North American IP STB unit shipments will increase 48% in 2012, and in 2013, Western Europe will account for 46% of worldwide IP STB revenues, the firm says.

In-Stat cited gains in subscribers by major telecommunications providers and replacement orders. Future demand will likely come from a migration to a server/client architecture, where a primary media gateway/server shares content with client boxes distributed throughout the home.

GLENVIEW, IL -- Illinois Tool Works' Power Systems and Electronics business unit reported year-over-year sales growth of 16% for the three months ended Aug. 31.

STAMFORD, CT — Semiconductor inventories are again on the rise and are headed toward "worrisome" levels," precipitating a correction in late 2011, Gartner warned yesterday.

WATERTOWN, SD – OEM Worldwide today announced a four-year $11 million expansion that could add up to 150 new jobs.

The electronics contract manufacturer has completed its first phase, a 50,000 sq. ft. expansion to its facility here. Future plans include upgrading and replacing the company’s automated printed circuit board assembly equipment.

OEM specializes in high-mix, low-to-medium volume PCB assemblies and higher-level assembly for precision products in medical, communications and industrial applications.

The firm anticipates expanding into military/aerospace and smart grid markets, and will add 150 new jobs.