DE LEON SPRINGS, FL – Sparton has completed the previously announced sale of its contract manufacturing unit, Manufacturing & Design Services, to One Equity Partners. In conjunction with the closing of the transaction, the MDS business has been rebranded as Spartronics.

SCOTTSDALE, AZ – After dropping 15% in 2019, the worldwide IC market is expected to show single-digit growth in 2020, even with the disastrous effects of Covid-19 on the global economy, according to IC Insights.

LONDON – The Covid-19 pandemic has given businesses an unprecedented opportunity to implement profound changes to the way we work, according to GlobalData. The pandemic will leave a lasting legacy, from digitizing processes and reshaping supply chains to redesigning offices, the research firm says.

MILPITAS, CA – Global semiconductor manufacturing equipment sales by OEMs are projected to increase 6% year-over-year to $63.2 billion in 2020 before logging record high revenue of $70 billion in 2021 on the strength of double-digit growth, SEMI said.