TAIPEI – Consumer DRAM has the strongest demand momentum, as its sequential price decline in the fourth quarter this year is expected to narrow to within 5%, says TrendForce.
ATLANTA -- East West Manufacturing today announced the acquisition of Universal Electronics in a deal between privately held contract electronics manufacturers.
FRAMINGHAM, MA – The first half of 2020 has seen a resurgence in the PC and tablet markets, and demand continues to outpace supply, says International Data Corp. Demand is largely driven by work-from-home and at-home education needs, as well as entertainment purposes. Therefore, IDC expects the personal computing devices market, including traditional PCs, tablets, and workstations, will grow 3.3% year-over-year in 2020, with shipment volumes reaching 425.7 million units.
AUSTIN, TX – The fan-out wafer level package (FO-WLP) market is projected to grow 15.5% in units from 2020 to 2024, according to TechSearch International.
WAYNESBORO, VA – EMS firm Virtex said it is creating 40 to 50 new manufacturing jobs here, according to reports.
SUNNYVALE, CA – Covalent Metrology acquired Riga Analytical Lab for an undisclosed sum, effective immediately.
OLDENBURG, GERMANY – Straschu plans to close its contract assembly plant here at the end of November, according to local news media.
FRAMINGHAM, MA – The worldwide smartphone market is forecast to decline 9.5% year-over-year in 2020, with shipments totaling 1.2 billion units, according to International Data Corp.
SON, THE NETHERLANDS – Neways Electronics reported net revenue of €243 million (US$289.1 million) for the first half of 2020, down 8.1% year-over-year.
NEVADA CITY, CA – The worldwide electronics assembly market consisted of approximately $1.3 trillion in terms of cost of goods sold as of 2019, says New Venture Research.
HERMOSILLO, MEXICO – Creation Technologies has broken ground on a new high-volume electronics manufacturing facility here that will nearly triple its Mexico footprint. The company is expanding its North American footprint to better serve aerospace and defense, medical, and tech industrial customers.
BANNOCKBURN, IL – Total North American PCB shipments in July were up 10.1% year-over-year and down 15.7% sequentially, says IPC.