SAN MATEO, CA – Based on a greater decline in demand than predicted in the first quarter and concerns that tablets and 2-in-1s will face additional market challenges the rest of the year, IDC has lowered its 2014 worldwide tablet plus 2-in-1 forecast to 245.4 million units, down from the previous forecast of 260.9 million units.

SAN JOSE -- Sales of laser drills will reach $4.9 billion by 2020, driven by robust demand from the consumer electronics, aerospace and defense, medical device and other sectors, a new forecast says.

SAN JOSE — The 90-day moving average bookings at North America-based semiconductor equipment manufacturers in April jumped 22.5% over last year and 10.8% over the revised March 2014 levels. Orders reached $1.44 billion for the period, said SEMI.

BOSTON -- Global smartwatch shipments grew 250% in the first quarter over last year, thanks in large part to Samsung.