HERTFORDSHIRE, UK – The global TV market is on track to achieve 1.2% growth in 2020 and is set to end the year with more than 233 million shipments, according to Futuresource Consulting. Trade value is forecast to decline 1% to $83.7 billion.
BENGALURU – Wistron’s iPhone manufacturing facility in India was reportedly ransacked over the weekend, causing up to NT$200 million (US$7.1 million) in damage.
TOKYO – Global sales of semiconductor manufacturing equipment by original equipment manufacturers are projected to increase 16% year-over-year and register a new industry record of $68.9 billion in 2020, SEMI said.
MCLEAN, VA – US manufacturing technology orders totaled $383.8 million in October, down 1.9% year-over-year and up 3.7% sequentially, the highest dollar value since December 2019, according to the Association for Manufacturing Technology.
NEW DELHI – Pegatron’s board has approved an initial investment of $150 million (Rs 1,100 crore) to build manufacturing facilities in India, according to reports.
ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal second quarter revenues decreased 7.1% year-over-year to $69.6 million.