ST. PETERSBURG, FL – Jabil’s board of directors has approved a restructuring plan to eliminate stranded costs after the divestiture of its Chinese electronic components manufacturing business in a $2.2 billion sale to BYD Electronic.
WASHINGTON – The Semiconductor Industry Association released the following statement in response to the new export controls announced by the US Commerce Department. SIA represents 99% of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms.
HERTFORDSHIRE, UK – Refined tin use in 2022 decreased 3.2% to 376,900 tonnes, lower than the preliminary -0.6% estimate made by participants in last year’s survey conducted by the International Tin Association.
HYDERABAD, INDIA – Cyient DLM reported revenue of Rs 291.8 crore ($35 million) in the second quarter of its fiscal year, a 71.5% increase compared to the Rs 171.55 crore ($20.6 million) for the same quarter last year.
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.
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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