FRAMINGHAM, MA – Vendor revenue in the worldwide server market grew 19.8% year-over-year to $24 billion during the second quarter, according to International Data Corp.

DUNKIRK, NY – EMS firm Gowanda REM-tronics will shutter its plant here Nov. 15, eliminating 69 jobs, according to reports.

MIAMI – Element Solutions increased its third quarter adjusted EBITDA expectation to at least $95 million, with second half 2020 adjusted EBITDA expected to be more than $185 million.

ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal first quarter revenues decreased 18.2% year-over-year to $60.5 million.

TAIPEI – Foxconn reported revenue of NT$420.6 billion ($14.2 billion) in August, up 5.5% year-over-year and 4.3% sequentially.

MILPITAS, CA – Soaring pandemic-inspired demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics will drive an 8% increase in global fab equipment spending in 2020 and a 13% increase in 2021, according to SEMI. Rising demand for semiconductors for data center infrastructures and server storage, along with the buildup of safety stock as US-China trade tensions intensify, is also contributing to this year’s growth.

WASHINGTON – Worldwide sales of semiconductors were $35.2 billion in July, up 4.9% year-over-year and 2.1% sequentially, according to the Semiconductor Industry Association.  

WASHINGTON – The Department of Defense is proposing to amend its acquisition rules to update the policy and procedures for use of its supplier risk analysis system.

LAGUNA, PHILIPPINES – Cirtek Holdings Philippines has reissued P545.2 million (US$11.4 million) worth of bonds to refinance its short-term debt and support the capital spending of its US-based unit, Quintel USA, according to reports.

TAIPEI – Consumer DRAM has the strongest demand momentum, as its sequential price decline in the fourth quarter this year is expected to narrow to within 5%, says TrendForce.

ATLANTA -- East West Manufacturing today announced the acquisition of Universal Electronics in a deal between privately held contract electronics manufacturers.

FRAMINGHAM, MA – The first half of 2020 has seen a resurgence in the PC and tablet markets, and demand continues to outpace supply, says International Data Corp. Demand is largely driven by work-from-home and at-home education needs, as well as entertainment purposes. Therefore, IDC expects the personal computing devices market, including traditional PCs, tablets, and workstations, will grow 3.3% year-over-year in 2020, with shipment volumes reaching 425.7 million units.