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.

BANNOCKBURN, IL — The electronics industry is still riding the crest of the current growth cycle, according to new data from IPC. The trade group said the 167 companies worldwide participating in its statistical survey reported average quarterly sales growth of 8.4% in the fourth quarter of 2018. The firms’ average forecast for first quarter sales growth was 9.8%.

TAIPEI — Foxconn today reported March sales rose 7.9% year-over-year to NT$376.6 billion ($12.21 billion). Sales were up  from $8.16 billion in February.