TAIPEI – The global notebook market is set to rebound in 2024, with a projected 2-5% growth projected in yearly shipments, according to the latest market report by TrendForce.
STOCKHOLM – Mycronic reported a sales increase of 5% in the third quarter to total SEK1.27 billion ($115.8 million).
BRONSCHHOFEN, SWITZERLAND – Cicor will acquire STS Defence, a UK-based provider of sustainment, support and modernization solutions for the aerospace and defense markets.
ATLANTA – The electronic components sales sentiment dipped 3.6 points to 86.7 in September, but the industry continues to sustain a positive outlook with a projected sentiment of 94 in October, the highest level since July 2022 and only six points below the threshold of 100 indicating sales growth.
TAICANG, CHINA – Zollner Electronik has expanded its plant here to meet the growing demands of the international market.
ST. PETERSBURG, FL – Jabil’s board of directors has approved a restructuring plan to eliminate stranded costs after the divestiture of its Chinese electronic components manufacturing business in a $2.2 billion sale to BYD Electronic.
WASHINGTON – The Semiconductor Industry Association released the following statement in response to the new export controls announced by the US Commerce Department. SIA represents 99% of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms.
HERTFORDSHIRE, UK – Refined tin use in 2022 decreased 3.2% to 376,900 tonnes, lower than the preliminary -0.6% estimate made by participants in last year’s survey conducted by the International Tin Association.
HYDERABAD, INDIA – Cyient DLM reported revenue of Rs 291.8 crore ($35 million) in the second quarter of its fiscal year, a 71.5% increase compared to the Rs 171.55 crore ($20.6 million) for the same quarter last year.
NEEDHAM, MA – Global spending on GenAI solutions will reach nearly $16 billion in 2023 and is projected to reach $143 billion in 2027, according to an IDC report.
NEEDHAM, MA – The downward spiral for PC shipments continued during the third quarter, as global volumes declined 7.6% year over year with 68.2 million PCs shipped, according to preliminary results from IDC's Worldwide Quarterly Personal Computing Device Tracker.
PEACHTREE CITY, GA – CIRCUITS ASSEMBLY today announced the winners of its 2023 Service Excellence Awards (SEAs) for electronics manufacturing services (EMS) providers and electronics assembly equipment, materials and software suppliers. CIRCUITS ASSEMBLY recognized companies that received the highest customer service ratings, as judged by their own customers, during a ceremony at the SMTA International trade show in Minneapolis.