TEMPE, AZ – Benchmark Electronics posted first quarter sales of $505.7 million, down 1.8% year-over-year and 2.9% sequentially.
MILPITAS, CA – North America-based semiconductor equipment manufacturers posted $3.27 billion in billings worldwide in March (three-month average basis), up 48% year-over-year and 4.2% sequentially, according to SEMI.
BANNOCKBURN, IL – The global economy should grow roughly 5% in 2021, says IPC, driven by growth in the US and China. The US should see first quarter growth eclipse 6% (seasonally adjusted annual rate), led by additional fiscal stimulus and the broad lifting of Covid-related restrictions.