STAMFORD, CT – Worldwide IT spending is projected to total $3.5 trillion in 2020, a decline of 7.3% from 2019, according to Gartner. While the global economy is expected to witness a “swoosh” recovery, IT spending will experience more of a “swoop” recovery, the firm says.

MINNEAPOLIS – The annual Symposium on Counterfeit Parts and Materials will proceed as a virtual event from Aug. 4-6, says SMTA and CALCE. The decision has been made in light of the Covid-19 pandemic to ensure the health and safety of all who attend.

TEWKSBURY, MA – Mycronic US integrated its operations into a new 102,000 sq. ft. facility here. This brings together the Global Technologies division comprised of MRSI Systems, AEi and the US operations of Mycronic’s High Flex division.

KISTA, SWEDEN – Note reported second quarter sales increased 14% year-over-year to SEK 500 million (US$54.8 million).