News
FRAMINGHAM, MA – Vendor revenue in the worldwide server market grew 19.8% year-over-year to $24 billion during the second quarter, according to International Data Corp.
DUNKIRK, NY – EMS firm Gowanda REM-tronics will shutter its plant here Nov. 15, eliminating 69 jobs, according to reports.
MIAMI – Element Solutions increased its third quarter adjusted EBITDA expectation to at least $95 million, with second half 2020 adjusted EBITDA expected to be more than $185 million.
ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal first quarter revenues decreased 18.2% year-over-year to $60.5 million.
TAIPEI – Foxconn reported revenue of NT$420.6 billion ($14.2 billion) in August, up 5.5% year-over-year and 4.3% sequentially.
MILPITAS, CA – Soaring pandemic-inspired demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics will drive an 8% increase in global fab equipment spending in 2020 and a 13% increase in 2021, according to SEMI. Rising demand for semiconductors for data center infrastructures and server storage, along with the buildup of safety stock as US-China trade tensions intensify, is also contributing to this year’s growth.
Press Releases
- Pushed by glass core and high-end ICs substrates for AI, the advanced IC substrate market reaches $31 billion by 2030
- Pushed by glass core and high-end ICs substrates for AI, the advanced IC substrate market reaches $31 billion by 2030
- Ryder Vietnam - Phase 2: Building resilience and meeting demand
- Scanfil and Etteplan deepen their strategic partnership into production testing