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

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.

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.

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.