SELBYVILLE, DE – The worldwide market for electronics manufacturing services is expected to grow at a CAGR of roughly 4.1% over the next five years, reaching $55 billion in 2024, says Market Study Report.

MADISON, WI – Governor Tony Evers is considering renegotiating Wisconsin’s agreement with Foxconn, according to reports. Evers says the deal may need to be downsized.

STAMFORD, CT – Worldwide IT spending is projected to total $3.8 trillion in 2019, an increase of 1.1% from 2018, according to Gartner.

NEENAH, WI – Plexus reported fiscal second quarter revenue of $789 million, up 13% year-over-year and 3.1% sequentially.

TAIPEI – Foxconn’s chairman Terry Gou is stepping down from daily operations, according to reports.

HERTFORDSHIRE (UK) AND ALEXANDRIA, VA -- The International Tin Association (ITA) and the Responsible Business Alliance (RBA), on behalf of its Responsible Minerals Initiative (RMI), have signed a new memorandum of understanding (MoU) to enhance cooperation across the entire tin value chain and further strengthen progress on responsible production and sourcing of tin.

NOIDA, INDIA -- Dixon Technologies has acquired all outstanding shares in its joint venture, Padget Electronics.

HONG KONG -- Fittec International reported fiscal first-half revenue of HK$187.2 million ($24 million) for the period ended Dec. 31.

FRAMINGHAM, MA – The worldwide market for traditional PCs, inclusive of desktops, notebooks, and workstations, declined 3% year-over-year in the first quarter of 2019, says International Data Corp. Global shipments were above expectations, reaching 58.5 million during the quarter.

MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment surged 14% to an all-time high of $64.5 billion in 2018, says SEMI.   

CUPERTINO, CA – Apple said it has nearly doubled the number of suppliers using only clean energy in production, including Foxconn, according to reports.

SPOKANE VALLEY, WA – Key Tronic reported fiscal third quarter revenue of approximately $108 million, flat year-over-year but below previous guidance.