MILPITAS, CA — Global fab equipment spending will rebound in 2020, growing 20% to $58.4 billion after dropping 19% to $48.4 billion in 2019, according to SEMI.

TAIPEI – Foxconn reportedly has sufficient capacity outside China to meet Apple’s demand in the American market, according to a new report from Reuters. Moving production could come into play due to fallout from the US-China trade war.

FRAMINGHAM, MA – Vendor revenue in the worldwide enterprise storage systems market decreased 0.6% year-over-year in the first quarter, IDC said.

NEWARK, NY – IEC Electronics has broken ground on a $22 million facility here.