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SAN JOSE – Worldwide sales of semiconductor manufacturing equipment totaled $40.47 billion in 2006, a 23% year-over-year increase, SEMI reported today.

"The worldwide semiconductor equipment industry resumed strong growth in 2006 as the robust memory chip market and continued transition to 300mm wafers fueled sales of manufacturing technology," said Stanley T. Myers, president and CEO of SEMI.
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ST. LOUIS -- LaBarge Inc. has received additional orders totaling $4.4 million from Modular Mining Systems for electronic assemblies used in mine information management systems. The company expects to receive follow-on orders. Read more ...
SUNNYVALE, CA -- Palm Inc. might be a takeover target, with speculation high that the firm could be bought by private equity firms or even Motorola.

The maker of handheld computers could fetch a price as high as $2 billion, according to several reports. Read more ...

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