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MILPITAS, CA — Fueled by surging pandemic-inspired demand for electronics devices, the global semiconductor industry is on track to register a rare three consecutive years of record highs in fab equipment spending, with a 16% increase in 2020, followed by forecast gains of 15.5% this year and 12% in 2022, according to SEMI.

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SCOTTSDALE, AZ – IC Insights predicts the global IC market will grow 19% in 2021.

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NEEDHAM, MA – Worldwide shipments of wearable devices reached 153.5 million in the fourth quarter, a year-over-year increase of 27.2%, according to International Data Corp.

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ST. PETERSBURG, FL – Jabil reported fiscal second quarter net revenue of $6.8 billion, an increase of 11.5% year-over-year.

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AUSTIN, TX -- Virtex continued its growth by acquisitions with the purchase of Anoka, MN-based Altron Inc. Financial terms were not disclosed.

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NEEDHAM, MA – Vendor revenue in the worldwide server market grew 1.5% year-over-year to $25.8 billion during the fourth quarter. Worldwide server shipments declined 3% year-over-year to nearly 3.3 million units, according to International Data Corp.

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