STAMFORD, CT – Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner.

TAIPEI – The NAND Flash industry will continue to face dual pressure from weak demand and oversupply in 2025, according to the latest research from TrendForce. In response, manufacturers including Micron, Kioxia/SanDisk, Samsung, and SK hynix/Solidigm have similar plans to cut production – a move that could accelerate industry consolidation in the long term.

NEW DELHI – Dixon Technology announced revenue of INR10,453 crore ($1.2 billion) for the third quarter of its fiscal year, up 117% from the same quarter last year.

SON, NETHERLANDS – Neways has announced the successful completion of its acquisition of Sencio, Dutch microsystems company specializing in advanced packaging for smart sensing and actuation applications.