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MUMBAI, INDIA – Tata Group has received approval from India's Competition Commission to acquire Wistron's Indian iPhone production unit, paving the way for Tata to become India's first homegrown iPhone maker.

BRONSCHHOFEN, SWITZERLAND – Cicor Group has successfully closed the acquisition of 100% of the shares of the UK-based STS Defence announced in October 2023.

DALLAS, TX – StenTech has announced the expansion of its parts division in the US and Canada, broadening its range of offerings to customers.

LETCHWORTH GARDEN CITY, UK – DSL - Electronic Manufacture has established an in-house PCB assembly service to bring design and manufacturing under the same roof.

TAIPEI – The persistence of a rally in memory prices during 2024 will largely depend on suppliers' ongoing and effective control over their capacity utilization rates, TrendForce reported in its latest analysis.

STAMFORD, CT – Worldwide semiconductor revenue in 2023 totaled $533 billion, a decrease of 11.1% from 2022, according to preliminary results by Gartner.

STAMFORD, CT – Worldwide IT spending is expected to total $5 trillion in 2024, an increase of 6.8% from 2023, Gartner forecast in its most recent report.

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