FRAMINGHAM, MA – The escalating coronavirus crisis is already impacting IT markets, as buyers and vendors adjust to a new set of assumptions and a new global economic reality, according to International Data Corp.

FRAMINGHAM, MA – The worldwide market for wearable devices grew 82.3% in the fourth quarter of 2019, reaching a new high of 118.9 million devices shipped, according to International Data Corp.

ALPHARETTA, GA – ECIA chief analyst Dale Ford has released the latest results of its member survey about the impact of Covid-19 on the electronic components supply chain.

ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal third quarter revenues decreased 2.2% year-over-year to $67.4 million.

BANNOCKBURN, IL – IPC released five revised standards covering several areas of the supply chain: IPC/WHMA-A-620D, Requirements and Acceptance for Cable and Wire Harness Assemblies; IPC-2223E, Sectional Design Standard for Flexible/Rigid-Flexible Printed Boards; IPC-2591-Version 1.1, Connected Factory Exchange (CFX); IPC-1791A, Trusted Electronic Designer, Fabricator and Assembler Requirements; and IPC-6012E, Qualification and Performance Specification for Rigid Printed Boards.

SHANGHAI – Postponed due to Covid-19, the Productronica China and Electronica China trade shows have been rescheduled for July 3-5 here. The shows were scheduled to take place in March but were postponed due to the outbreak of the disease.

IRVINE, CA – Vision Engineering opened a 2,700 sq. ft. technology collaboration and training facility here.

SAN JOSE – Flex said it expects 2020 results to be negatively impacted by COVID-19, and the company will not meet current guidance.

VEJLE, DENMARK – GPV reported 2019 revenues of DKK 2.86 billion (US$438.4 million), up 134.4% year-over-year.

HERTFORDSHIRE, UK – The global consumer electronics market will see a full-year decline of 2-5% in retail value terms, while in the long-term, consumer electronics vendors will look to diversify their supply chains, according to Futuresource Consulting.

TAIPEI – Foxconn reported February revenue of $7.3 billion, down 18% year-over-year, the highest monthly decline since 2013.

MINNEAPOLIS, MN – Gregory Vance, Rockwell Automation, will serve as interim SMTA president through the current term ending in September.