SCOTTSDALE, AZ – IC Insights’ global IC market forecast has turned negative, with the research firm now predicting a loss of 4% for the year. Prior to the industrywide coronavirus-driven shutdowns, the firm previously guided for 3% growth.
WESTWOOD, MA – Chase reported fiscal second quarter Adhesives, Sealants and Additives segment revenue declined 6% year-over-year to $24.4 million, as a result of certain reductions in North America and continued headwinds from Asia in the electronic and industrial coating product lines.
TAIPEI – ASE Technology Holding reported first quarter net revenues for its ATM assembly, testing and material business were $2.2 billion, up 24.9% year-over-year and down 2.7% sequentially.
MORRISVILLE, NC – iNEMI is hosting a webinar based on the organic PCBs chapter of its 2019 Roadmap.
NEVADA CITY, CA – The top 50 EMS companies worldwide surpassed $344 billion in revenue in 2019, up 0.4% year-over-year, according to Manufacturing Market Insider (MMI).
SPOKANE VALLEY, WA – Key Tronic expects to report fiscal third quarter revenue of approximately $111 million.
LONDON – The past three months have wreaked havoc on the semiconductor market, with sharp demand fluctuations and supply-chain issues.
HONG KONG – Wong’s International Holdings reported 2019 EMS division revenue was HK$3.6 billion (US$459.2 million), a decrease of 9.8% year-over-year.
HAUPPAUGE, NY – Orbit International reported consolidated first quarter orders exceeded $6.9 million.
BANNOCKBURN, IL – Electronics manufacturing executives remain very concerned about the impacts of Covid-19, according to a recent survey by IPC. Some 43% of executives who replied to IPC’s latest online poll said they were “extremely” concerned, and 92% were “somewhat” or “extremely” concerned. Only 8% were neutral or unconcerned.
MILPITAS, CA – In a sign of return to normalcy, China’s idled factory workforce is preparing to return to the production lines. Outside of Hubei province, home to Wuhan, most manufacturing workers are expected to be back on the job by the end of this month, with the proportion of manufacturing employees returning to work in Hubei cities except Wuhan reaching 70% by then, said Didier Chenneveau, partner, Supply Chain Practice, McKinsey & Co.
LYON-VILLEURBANNE, FRANCE – Fourth quarter combined DRAM and NAND revenue was $27.5 billion, down 23.4% year-over-year and up 2.5% sequentially, according to Yole Developpement.