NEEDHAM, MA – After a rough start to the year, International Data Corporation has lowered its forecast for global PC and Tablet shipments with volumes expected to reach 384.8 million in 2023, down 15.2% compared to last year, according to the Worldwide Quarterly Personal Computing Device Tracker.

SONIPAT, INDIA – Ekkaa Electronics has announced plans to build a new factory in Noida, India, that will produce LED TVs and other consumer electronics products like washing machines, smartwatches and hearables.

SENAI, MALAYSIA – VS Industry reported revenue of MYR996.8 million (245.4 million) for the third quarter of its fiscal year, marking a 7.5% increase from the same quarter of last year.

ST. PETERSBURG,FL – Jabil announced revenue of $8.5 billion for the third quarter of its fiscal year, which includes an 8% year-over-year decline in its Electronics Manufacturing Services segment.

HERSTAL, BELGIUM – Firearm manufacturer FN Herstal recently invested in its own clean-room production line for Surface Mounted Devices to ensure availability for its own weapon systems, and is now offering production of components to third parties.

THAI BINH PROVINCE, VIETNAM – Compal Electronics has purchased a $30 million plot of land in Vietnam to build a new plant and expand production capacity.

TAIPEI – Trendforce reported that the global production volume of smartphones in the first quarter was only 250 million units – marking a 19.5% YoY decrease and a historic low in quarterly production since 2014.

WASHINGTON – Global semiconductor industry sales were $40 billion during in April, an increase of 0.3% compared to the previous month's total of $39.8 billion and 21.6% less than the April 2022 total of $50.9 billion, according to the Semiconductor Industry Association.

AKRON, OH – Western Reserve Controls has announced a renaming to Anzer, and along with the new name, the company has added a larger manufacturing facility, additional state-of-the-art Surface Mount Technology (SMT) equipment, a dedicated prototype production line, and other veteran quality control personnel.

MILPITAS, CA – Global semiconductor equipment billings increased 9% year-over-year to $26.8 billion in the first quarter, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report. Quarter-over-quarter billings slipped 3%.

ATLANTA – Overall electronics components sales sentiment took a body blow in May and collapsed to 72.2 points compared to the April index of 86.8, according to the monthly Electronic Component Sales Trend survey results from ECIA.

PENANG, MALAYSIA – Escatec has opened a new production facility in Plovdiv, Bulgaria, to meet an increasing demand for nearshoring production in Europe.