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EL SEGUNDO – First-quarter global PC shipments amounted to 66.5 million units, down 8.1% year-over-year, and a 14.4% drop sequentially, says iSuppli Corp.

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STAMFORD, CT – Electronic equipment markets should begin a recovery in the fourth quarter of 2009, enabling the electronics industry to enter into a sustained recovery in the second half of 2010, with a reacceleration in sales in 2011, according to Gartner Inc.

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ST. LOUISLaBarge Inc. has been awarded a $2.3 million contract from Northrop Grumman Corp. to continue to produce electronic equipment for the AN/AAQ-24(V) Directional Infrared Countermeasure system.

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ESPOO, FINLANDNokia Siemens Networks has agreed to acquire certain assets from Nortel.

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SAN JOSE – With 155 billion ICs produced, the value of the worldwide IC packaging market was $32.7 billion in 2008, reports Electronic Trend Publications.

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BERLIN – The global semiconductor market is expected to decline 21.6% on an annualized basis to $194.8 billion in 2009, according to World Semiconductor Trade Statistics.

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