KUALA LUMPUR – Aurelius Technologies is expected to see a strong second quarter as production volumes continue to rise from a low base in 2023, impacted by customer inventory rationalization.
NEEDHAM, MA – The traditional PC market delivered its second quarter of growth following eight consecutive quarters of decline. According to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, worldwide shipments reached 64.9 million units in the second quarter of 2024 (2Q24), representing year-over-year growth of 3%.
BILLINGSTAD, NORWAY – Kitron reported revenue of EUR167.6 million ($182.7 million) for the second quarter, down 18.8% compared to the EUR206.3 million ($224.9 million) in revenue for the same quarter last year.
TAMPA, FL – Tagarno announced a 52% year-over-year rise in second quarter sales, representing its most successful quarter since August 2020.
PEACHTREE CITY, GA – The Printed Circuit Engineering Association (PCEA) today opened the show floor to select exhibitors for the 2025 PCB East conference and exhibition.
SAN FRANCISCO – Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to set a new industry record, reaching $109 billion in 2024, growing 3.4% year-on-year, SEMI announced in its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective.
NEWBURY, UK – Garner Osborne, a UK-based specialist in PCB manufacture and assembly, has been acquired by entrepreneur Dean Curran through Novastone Capital Advisors' Entrepreneurship Through Acquisition program.
WASHINGTON — The 90-day moving average global semiconductor sales hit $49.1 billion during May, up 19.3% from 2023, the Semiconductor Industry Association (SIA) said today.
BANNOCKBURN, IL – Sentiment among electronics manufacturers fell in June but still remains above its long-term average, according to IPC’s June Sentiment of the Global Electronics Manufacturing Supply Chain Report.
ATLANTA – The overall electronic component sales sentiment fell by 13.4 months in June, marking the second consecutive month of decline, according to ECIA's Electronic Component Sales Trend survey.
STEINACH, SWITZERLAND – Variosystems has announced the acquisition of Schurter Solutions, the EMS division of the Swiss electronics components manufacturer Schurter.
Artificial intelligence is applied to electronics design and manufacturing is in its infancy, but interest is high and questions abound as to what it means – and even what it is.
AI is seen as similar to the Internet in 1995: a big, wide-open technology that companies had to embrace and understand. Success depends on narrow implementations that permit companies to see clearly what the return or improvements will be.
AI holds the potential to revolutionize the creation and manufacturing of electronic products. Unlocking this potential, however, requires collaborative efforts to ensure its effective understanding and implementation. Without concerted action, the realization of AI's transformative promise in the electronics industry may remain elusive.
To address this challenge, the PCEA Technical Action Group (AI TG) convened a meeting of select representatives of early adopters and providers of AI tools for the electronics sector. The primary aim of this gathering is to solicit input from industry stakeholders to shape an AI Status and Action Plan.