WASHINGTON – Citing the vital need for a secure US industrial base, US Senators Mike Crapo (R-ID) and Mark Warner (D-VA) have introduced bipartisan legislation to guard against attempts by the People’s Republic of China and others to undermine US national security by exploiting and penetrating US supply chains.
MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.01 billion in billings worldwide in June, down 19% year-over-year and 2.5% sequentially, according to SEMI.
CAMBRIDGE, UK – The market for wearables in 2019 will reach $50 billion, more than double since 2014, says IDTechEx.
SAN JOSE – Flex will take up to $265 million in charges over the next three quarters in part related to layoffs of an unspecified number of workers.
STAMFORD, CT – Worldwide semiconductor revenue is expected to decline 9.6% to $429 billion in 2019, according to Gartner. The research firm cited falling prices and weaker demand for key products for the drop.