News
NORTHVALE, NJ – ADM Tronics reported fiscal 2020 revenues were $3.5 million, up 15.5% year-over-year.
SELBYVILLE, DE – The electronic skin market is expected to grow from $6 billion in 2019 to $16 billion by 2026, according to Global Market Insights.
NORWOOD, MA – Analog Devices and Maxim Integrated Products have entered into a definitive agreement under which ADI will acquire Maxim in an all-stock transaction that values the combined enterprise at over $68 billion.
THUN, SWITZERLAND – Schleuniger Group signed an agreement to acquire Cirris Systems in an asset deal. The acquisition secures complementary testing expertise and improved market access for Schleuniger in the North American market for testing and test automation of cables and harnesses.
STAMFORD, CT – Worldwide PC shipments totaled 64.8 million units in the second quarter, a 2.8% increase year-over-year, according to Gartner. After a significant decline in the first quarter due to Covid-19-related supply-chain disruptions, the PC market returned to growth as vendors restocked their channels and mobile PC demand increased.
STAMFORD, CT – Worldwide IT spending is projected to total $3.5 trillion in 2020, a decline of 7.3% from 2019, according to Gartner. While the global economy is expected to witness a “swoosh” recovery, IT spending will experience more of a “swoop” recovery, the firm says.
Press Releases
- SIA Applauds CHIPS Act Incentives for Amkor Facility in Arizona
- ASMPT and IBM Deepen Collaboration to Advance Bonding Methods for Chiplet Packages for AI
- Murray Percival Company Expands Product Line with Representation of BIMOS ESD Seating in the Midwest
- Selectronic Assembly Welcomes Eliud Herrera as Production Manager