STAMFORD, CT – Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner.

TAIPEI – The NAND Flash industry will continue to face dual pressure from weak demand and oversupply in 2025, according to the latest research from TrendForce. In response, manufacturers including Micron, Kioxia/SanDisk, Samsung, and SK hynix/Solidigm have similar plans to cut production – a move that could accelerate industry consolidation in the long term.

NEW DELHI – Dixon Technology announced revenue of INR10,453 crore ($1.2 billion) for the third quarter of its fiscal year, up 117% from the same quarter last year.

SON, NETHERLANDS – Neways has announced the successful completion of its acquisition of Sencio, Dutch microsystems company specializing in advanced packaging for smart sensing and actuation applications.

SUNNYVALE, CA – Ingrasys Technology, a subsidiary of Foxconn specializing in servers and storage systems, has purchased a 26.3-acre tech campus here for $128 million.

SINGAPORE – PNE Industries reported a revenue and gross profit margin increase in the second half of 2024 due to higher sales volume.

ELK GROVE VILLAGE, IL – Imagineering has announced a merger with Accutrace, a fellow PCB fabricator and assembler based in Santa Clara, CA.

KUALA LUMPUR – Malaysia's High Court has ruled in favor of VS Industry in a minority shareholder oppression lawsuit it brought against NEP Holdings and three of its directors.

NEEDHAM, MA – Worldwide smartphone shipments grew to 1.24 billion units in 2024, marking a 6.4% increase from 2023, according to IDC's Worldwide Quarterly Mobile Phone Tracker.

MILPITAS, CA – Printed circuit board and multichip module design software revenue rose 5.8% year-over-year to $450.8 million in the third quarter, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report.

NEEDHAM, MA – Global PC shipments totaled 262.7 million PCs in 2024, up 1% from the previous year, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.

PEACHTREE CITY, GA – The exhibition floor for PCB West 2025 is now open to any prospective exhibitor, the Printed Circuit Engineering Association (PCEA) announced today. The show floor is expected to sell out, as it has in 10 of the past 11 years, PCEA added.