WSTS anticipates a single-digit contraction of 9.4% in the global semiconductor market for the year, followed by a robust recovery in 2024 with an estimated growth of 13.1%.
While Asia’s PCB makers continue to differentiate themselves from their competition, they are each looking southward to expand into Southeast Asia.
Global semiconductor equipment billings contracted 11% year-over-year to $25.6 billion in the third quarter, SEMI reported.
Worldwide smartphone shipments are forecast to see 7.3% year-over-year growth in the fourth quarter, according to IDC's Worldwide Quarterly Mobile Phone Tracker.
Taiwanese companies invested more in Southeast and South Asia than China for the first time in 2022 as Beijing flexes its economic might to pressure voters ahead of Taiwan's presidential election.
China has pledged to build an open and inclusive industrial supply chain, just after the US announced additional measures to ensure its own access to reliable energy and critical technology.
Amkor Technology will build a $2 billion advanced packaging and test facility in Peoria, AZ.
TRI announced the expansion of its Malaysian office.
Foxconn Industrial Internet released its first "Industrial Fortune SDGs Strategy White Paper," drawing up a blueprint for the comprehensive advancement of sustainable development work.
MacDermid Enthone announced that it is supporting its customers in complying with the upcoming restrictions on chromium (VI) substances for use in decorative plating applications set by the European Chemicals Agency (ECHA).
Cursey Technology installed a Europlacer SMT line.
Inovaxe was named distributor for VisiConsult’s X-ray Counter solutions in the US.
The Low-Carbon Emitting Technologies initiative, incubated and hosted by the World Economic Forum for more than three years, has now officially launched as the independent Global Impact Coalition.
Rocka Solutions appointed PIT Equipment Services as its representative for the eastern US.
Escatec appointed Charles-Alexandre Albin CEO, effective March 31, 2024.