TORONTO – SMTC reported fourth quarter revenue of $101.3 million, up 12.3% year-over-year and 1.7% sequentially.

TAIPEI – Foxconn chairman Young Liu said the company will announce its plans for Mount Pleasant, WI, in the next four months, according to reports.

MILPITAS, CA — Fueled by surging pandemic-inspired demand for electronics devices, the global semiconductor industry is on track to register a rare three consecutive years of record highs in fab equipment spending, with a 16% increase in 2020, followed by forecast gains of 15.5% this year and 12% in 2022, according to SEMI.

SCOTTSDALE, AZ – IC Insights predicts the global IC market will grow 19% in 2021.

NEEDHAM, MA – Worldwide shipments of wearable devices reached 153.5 million in the fourth quarter, a year-over-year increase of 27.2%, according to International Data Corp.

ST. PETERSBURG, FL – Jabil reported fiscal second quarter net revenue of $6.8 billion, an increase of 11.5% year-over-year.

AUSTIN, TX -- Virtex continued its growth by acquisitions with the purchase of Anoka, MN-based Altron Inc. Financial terms were not disclosed.

NEEDHAM, MA – Vendor revenue in the worldwide server market grew 1.5% year-over-year to $25.8 billion during the fourth quarter. Worldwide server shipments declined 3% year-over-year to nearly 3.3 million units, according to International Data Corp.

ROCHESTER, NY – EMA Design Automation and inspectAR are holding a free webinar Mar. 25 on PCB rework.

NEEDHAM, MA – PC shipment volumes grew 12.9% in 2020, says International Data Corp. This momentum is expected to carry forward into 2021. IDC forecasts 18.2% growth for the traditional PC market, with shipments reaching 357.4 million this year. IDC's outlook remains stronger than historical levels with a CAGR of 2.5% for the 2020-2025 forecast period.

NEEDHAM, MA – Smartphone shipments are forecast to grow 13.9% year-over-year in the first quarter and 5.5% for the full year 2021, according to International Data Corp. This growth will be driven by continued recovery in demand and a supply-side push of 5G devices. IDC expects the global smartphone market to deliver a CAGR of 3.6% over the 2020-2025 forecast period.

WOKING, UK – TT Electronics posted 2020 adjusted revenue of £431.8 million (US$601.8 million) down 9.7% year-over-year.