WASHINGTON – Global semiconductor sales were $27.06 billion in October, up 7.2% year-over-year, and up 0.8% sequentially, says the Semiconductor Industry Association. October marked the eighth consecutive month of growth in sales and the industry’s first-ever month above $27 billion in sales, the firm says.
ATLANTA, GA – CIRCUITS ASSEMBLY today announced Lightspeed Manufacturing as its EMS Company of the Year for 2013. The distinction is bestowed annually on EMS companies that have demonstrated profitability and sustained excellence among their peers.
SAN JOSE -- Semiconductor fabrication equipment spending will decline about 9% to about $32.5 billion in 2013 as third-quarter demand fell more than expected. 2014 sales are expected to rebound in a big way, however.
ASHBY-DE-LA-ZOUCHUK, UK -- Electrolube reported worldwide sales rose 35% year-over-year on strong demand in the UK, China and Germany. It was the company’s highest growth rate in 72 years.
SAN MATEO, CA – IDC yesterday lowered its forecast for worldwide tablet shipments but said sales would still rise more than 53% year-over-year. According to the latest forecast from the market research firm, tablet shipments are expected to reach 221.3 million units in 2013, down slightly from a previous forecast of 227.4 million but still 53.5% above 2012 levels.
GRAND RAPIDS, MI-- Firstronic has been awarded state grant worth nearly $300,000 to train workers hired in part with funds from an earlier grant, the EMS company said today. The $289,550 Skilled Trades Training Funds grant from Michigan’s Workforce Development Agency comes on the heels of a $300,000 state grant awarded in September to help the contract assembler fund additional hiring driven by strong business growth.
