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.
MILPITAS, CA — Revenue from printed circuit board and MCM design software totaled $250.9 million in the March quarter, up 12% from a year ago, the Electronic System Design (ESD) Alliance announced today.
LYON, FRANCE – “Despite the Covid-19 outbreak, which negatively impacted the smartphone and automotive industries but spurred demand for server and PC memory for stay-at-home activities, 2020 is expected to be a year of recovery,” said Simone Bertolazzi, Ph.D., technology and market analyst, Semiconductor, Memory & Computing at Yole Développement. “At Yole, we see the beginning of a new era of prosperity for the memory industry.”
FRANKFURT – Sales at printed circuit board manufacturers in the Germany, Austria and Switzerland region recovered sequentially but remained down in the first quarter. Sales were up 16.1% sequentially, rebounding from a significant drop at the end of last year, but fell 7.5% year-over-year, according to ZVEI.
NEVADA CITY, CA – The worldwide contract manufacturing (CM) services market increased 2.5% year-over-year in total revenue to $555 billion, a new research report says.