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NEEDHAM, MA – International Data Corporation has lowered its 2023 forecast for worldwide IT spending for the fifth consecutive month as technology investments continue to show the impact of a weakening economy.

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CONKLIN, NY – Universal Instruments has appointed Brad Bennett as president, succeeding Jean-Luc Pelissier, the company’s CEO and president for the past 16 years who will retire after a brief transition phase.

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TAIPEI – Foxconn saw its first quarter revenue rise 3.9% year-on-year, but warned that sales for the current quarter would be down.

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