SAN DIEGO – IPC will push its signature trade show back two months to March due to ongoing concerns with Covid-19.

CUPERTINO, CA – The US Patent and Trademark Office published a patent application from Apple that discusses the manufacture of smart fabrics with specialized equipment that could be used to form fabric with integrated electrical components, according to reports.

SCOTTSDALE, AZ – Total microprocessor sales are forecast to grow 1.4% in 2020 to nearly $79.3 billion, following a 2.4% decline in 2019, which was the first revenue drop in the worldwide MPU market in 10 years, according to IC Insights.  

FRAMINGHAM, MA – Vendor revenue in the worldwide server market grew 19.8% year-over-year to $24 billion during the second quarter, according to International Data Corp.

DUNKIRK, NY – EMS firm Gowanda REM-tronics will shutter its plant here Nov. 15, eliminating 69 jobs, according to reports.

MIAMI – Element Solutions increased its third quarter adjusted EBITDA expectation to at least $95 million, with second half 2020 adjusted EBITDA expected to be more than $185 million.

ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal first quarter revenues decreased 18.2% year-over-year to $60.5 million.

TAIPEI – Foxconn reported revenue of NT$420.6 billion ($14.2 billion) in August, up 5.5% year-over-year and 4.3% sequentially.

MILPITAS, CA – Soaring pandemic-inspired demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics will drive an 8% increase in global fab equipment spending in 2020 and a 13% increase in 2021, according to SEMI. Rising demand for semiconductors for data center infrastructures and server storage, along with the buildup of safety stock as US-China trade tensions intensify, is also contributing to this year’s growth.

WASHINGTON – Worldwide sales of semiconductors were $35.2 billion in July, up 4.9% year-over-year and 2.1% sequentially, according to the Semiconductor Industry Association.  

WASHINGTON – The Department of Defense is proposing to amend its acquisition rules to update the policy and procedures for use of its supplier risk analysis system.

LAGUNA, PHILIPPINES – Cirtek Holdings Philippines has reissued P545.2 million (US$11.4 million) worth of bonds to refinance its short-term debt and support the capital spending of its US-based unit, Quintel USA, according to reports.