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BILLINGSTAD, NORWAY – Kitron expects revenue between €635 million and €660 million ($667 million and $694 million) for the year, with strong growth in its Defense & Aerospace market sector.

WASHINGTON – Global semiconductor sales hit $56.9 billion during the month of October 2024, an increase of 22.1% compared to the October 2023 total of $46.6 billion and 2.8% more than September's total of $55.3 billion, the Semiconductor Industry Association announced.

NEEDHAM, MA – The global market for personal computing devices, including PCs and tablets, is set to grow 3.8% in 2024, reaching 403.5 million units, according to the latest forecast from IDC's Worldwide Quarterly Personal Computing Device Tracker.

TAIPEI – Foxconn reported a 3.5% year-over-year increase in revenue for November, reaching the company's second-highest total for the month at NT672.6 billion ($20.8 billion).

SENAI, MALAYSIA – VS Industry reported MYR1.11 billion ($249 million) in revenue for its first quarter, down 2.6% from the same quarter last year.

SOLON, OH – Eagle Electronics has raised $14 million to build a new manufacturing facility here in partnership with CO-AX Technology.

BRUSSELS, BELGIUM – SEMI has published recommendations for the European Union to bolster its semiconductor ecosystem, urging new commissioners to implement legislation to advance the semiconductor sector given its role as a key driver of technological advancement, economic growth and ensuring Europe’s future competitiveness on the global stage.

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