NEEDHAM, MA – IDC this week sharply reduced its global smartphone shipment forecast to 0.6%, down from 2.3% projected earlier this year. The downgrade reflects growing economic uncertainty, tariff volatility and weakening consumer demand.

NEEDHAM, MA – IDC has raised its global PC forecast, projecting shipments will grow 4.1% year-over-year to reach 274 million units. The upgraded outlook follows a strong first quarter performance and comes despite looming uncertainty around US tariffs on imported personal computing devices.

JASPER, IN – Kimball Electronics announced plans to open a new manufacturing facility in Indianapolis, a move expected to create 345 jobs. The news was shared alongside the company’s fiscal quarterly earnings report, which showed solid financial performance amid continued market volatility.

CEO Richard D. Phillips praised the team’s execution: “Margins improved sequentially, cash from operations remained strong, and we’ve meaningfully reduced debt. We have significant dry powder to invest.”

SANTA CLARA, CA – The Printed Circuit Engineering Association (PCEA) today announced the debut of the PCB Management Forum at PCB West this fall.

BANNOCKBURN, IL – North American EMS shipments rose 0.2% in April compared to the same month in 2024, according to IPC data released this week. Shipments dipped 1.4% from March, and year-to-date shipments were down slightly, by 0.2%, year-over-year.

BANNOCKBURN, IL – North American printed circuit board shipments fell 6.8% in April from the same month last year, IPC reported today. Despite the year-over-year decline, shipments were up 11.5% sequentially, and year-to-date shipments rose 4.6% compared to 2024.

PEACHTREE CITY, GA – May 27, 2025 – The Printed Circuit Engineering Association (PCEA) today announced the technical program for PCB West 2025, featuring more than 125 hours of in-depth electronics engineering training spread over more than 50 sessions. The program includes 30 classes new to PCB West, PCEA added.

WASHINGTON, DC – Representatives Blake Moore (R-UT) and Raja Krishnamoorthi (D-IL) last week reintroduced the Protecting Circuit Boards and Substrates Act, a bipartisan effort aimed at rebuilding US capacity for PCBs and IC substrate manufacturing.

SELANGOR, MALAYSIA – Neways has opened a state-of-the-art manufacturing facility in Selangor, strengthening its presence across Asia.

CHENNAI – Syrma SGS Technology reported financial results with revenue reaching $269 million for the fiscal year ended March 31, a 23% year-over-year increase. Net profit for the year came in at $20.1 million.

SANTA CLARA, CA – AMD has entered into a definitive agreement to divest ZT Systems’ US-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock, including a potential $450 million contingent payment.

MILPITAS, CA – The global semiconductor industry followed traditional seasonal trends in the first quarter, but uncertainty surrounding new tariffs is expected to cause atypical shifts later this year, according to the SEMI trade group.