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GLENVIEW, IL – ITW announced $703 million in first-quarter revenue for its Test & Measurement and Electronics segment, marking a 5.6% increase from the first quarter of 2022.

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SHANGHAI – Universal Scientific Industrial Shanghai reported revenue of 13 billion yuan ($1.88 billion) in the first quarter, a decrease of 6.78% from the same quarter of last year.

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STAMFORD, CT – Global semiconductor revenue is projected to decline 11.2% in 2023, according to the latest forecast from Gartner, Inc. In 2022, the market totaled $599.6 billion, which was marginal growth of 0.2% from 2021.

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