WASHINGTON – Global semiconductor sales reached $59 billion in May, a 27% year-over-year increase, according to data released today by the Semiconductor Industry Association (SIA). Sales were up 3.5% month-over-month from April’s total of $57 billion.
TAIPEI – Foxconn reported second-quarter revenue of $57 billion, a 15.8% year-over-year increase and rebounding strongly from the first quarter. The growth was fueled primarily by soaring demand for artificial intelligence hardware, with its cloud and networking division leading the charge.
THAILAND – Zollner Elektronik has finalized its full acquisition of Thailand-based Bluechips Microhouse Co. The move strengthens Zollner 's presence in Southeast Asia. Terms were not disclosed.