MORRISVILLE, NC – iNEMI was awarded $290,865 from the National Institute of Standards and Technology's Advanced Manufacturing Technology Roadmap Program to develop a 5G/6G roadmap.

TAIPEI – Foxconn reported May revenue of NT$497.8 billion (US$16.9 billion), up 9.4% year-over-year and 2.3% sequentially, according to reports, the highest revenue for May in the company’s history.

SCOTTSDALE, AZ – Despite rampant inflation, soaring energy costs, ongoing glitches in supply chains, recent Covid-19 virus lockdowns in China, and Russia’s war with Ukraine, IC Insights continues to anticipate an 11% increase in total semiconductor sales this year, the same growth rate forecast in January.  The semiconductor market is expected to reach record-high sales of $680.7 billion in 2022.

NEEDHAM, MA – Shipments of smartphones will decline 3.5% to 1.31 billion units in 2022, according to International Data Corp. After three consecutive quarters of decline and increasing challenges in both supply and demand, IDC has significantly reduced its forecast for 2022 from the previous projection of 1.6% growth. However, IDC expects this to be a short-term setback as the market rebounds to achieve a five-year CAGR of 1.9% through 2026.

NEEDHAM, MA – Worldwide shipments of hardcopy peripherals decreased 12.3% year-over-year to 22.4 million units in the first quarter, according to International Data Corp.

MILPITAS, CA – Global semiconductor equipment billings grew 5% year-over-year to $24.7 billion in the first quarter, SEMI said. Sequential billings in the seasonally soft first quarter declined 10%.

MARKHAM, CANADA – Align Capital Partners has acquired StenTech for an undisclosed sum.

PASADENA, CA – Commodity supply tightness and cost inflation are impacting most inputs across electronics categories, according to new data from Supplyframe. Continuing category challenges at the beginning of this quarter suggest there will only be pockets of relief through the remainder of 2022 and into 2023 for many commodities.

PEACHTREE CITY, GA – The metaverses offer myriad opportunities not just for users but for developers of computing devices. As that market takes off, what novel innovations in materials and production will be needed for printed circuit designs to meet the requirements for weight, size, and functionality?

BANNOCKBURN, IL – Total North American EMS shipments in April were up 4.3% compared to the same month last year and down 10.7% sequentially.

BANNOCKBURN, IL — Total North American PCB shipments in April were up 2.1% year-over-year and down 20.4% sequentially.

PENANG – EMS firm Cnergenz reported first quarter revenue of RM36.9 million (US$8.4 million), with primary contributions from sales of SMT equipment constituting 60.9% of total revenue. Sales from the integrated solutions segment contributed 31.2%.