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NEEDHAM, MA – Global spending on GenAI solutions will reach nearly $16 billion in 2023 and is projected to reach $143 billion in 2027, according to an IDC report.

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NEEDHAM, MA – The downward spiral for PC shipments continued during the third quarter, as global volumes declined 7.6% year over year with 68.2 million PCs shipped, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.

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PEACHTREE CITY, GA – CIRCUITS ASSEMBLY today announced the winners of its 2023 Service Excellence Awards (SEAs) for electronics manufacturing services (EMS) providers and electronics assembly equipment, materials and software suppliers. CIRCUITS ASSEMBLY recognized companies that received the highest customer service ratings, as judged by their own customers, during a ceremony at the SMTA International trade show in Minneapolis.

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MALMO, SWEDEN -- Scanfil today lowered its 2023 full year revenue outlook, stating that while overall demand is "significantly higher" than in 2022, the electronics manufacturing services company sees a "slight softening" in the market driven by customers destocking as supply chain challenges have faded.

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HELSINKI – Incap estimates that its 2023 revenue will be €210 million to €220 million ($221.4 million to $232 million), or lower than previously anticipated for the year.

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TAIPEI – Foxconn reported NT$1.54 trillion ($47.83 billion) in the third quarter, down 11.65% from last year's third quarter but up 18.26% from the second quarter.

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