ATLANTA – After expressing strong confidence for November sales sentiment in all component categories, survey participants projected equally strong pessimism for the December outlook, according to ECIA’s Electronic Component Sales Trend November 2024 survey results.

MEUNG-SUR-LOIRE, FRANCE – All Circuits, one of France's largest EMS providers, is set to be acquired by China's DBG Technology at the beginning of 2025.

SINGAPORE – The global demand for AI and high-performance computing will continue to rise, driving the semiconductor market to grow by over 15% in 2025, according to IDC ’s Worldwide Semiconductor Technology Supply Chain Intelligence report. Major application markets, ranging from cloud data centers to specific industry segments, are expected to undergo upgrades, heralding a new boom for the semiconductor industry.

STOCKHOLM – Note projects sales of at least SEK1 billion ($91 million) for the fourth quarter and full-year revenue of SEK3.4 billion ($309 million) after adjusting its financial forecast.

NEW YORK – Cofactr, a provider of a supply chain and logistics management platform for hardware manufacturers, has raised $17.2 million in a series A investment round.

OULU, FINLAND – Scanfil has lowered its annual revenue forecast due to material shortage challenges and a lowered demand in the fourth quarter.

TOKYO – Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to set a new industry record, reaching $113 billion in 2024 and growing 6.5% year-over-year, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2024.

BRONSCHHOFEN, SWITZERLAND – An affiliate of US investment firm One Equity Partners will make a cash offer of CHF84.6 million ($96.3 million) to take over Cicor, the company announced.

BILLINGSTAD, NORWAY – Kitron expects revenue between €635 million and €660 million ($667 million and $694 million) for the year, with strong growth in its Defense & Aerospace market sector.

WASHINGTON – Global semiconductor sales hit $56.9 billion during the month of October 2024, an increase of 22.1% compared to the October 2023 total of $46.6 billion and 2.8% more than September's total of $55.3 billion, the Semiconductor Industry Association announced.

NEEDHAM, MA – The global market for personal computing devices, including PCs and tablets, is set to grow 3.8% in 2024, reaching 403.5 million units, according to the latest forecast from IDC's Worldwide Quarterly Personal Computing Device Tracker.

TAIPEI – Foxconn reported a 3.5% year-over-year increase in revenue for November, reaching the company's second-highest total for the month at NT672.6 billion ($20.8 billion).