Market News

ARLINGTON, VA -- US manufacturing activity contracted in August for the third time since July 2009 despite growth in the overall economy.

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WASHINGTON, DC — Worldwide sales of semiconductors rose 0.2% sequentially in July, but slipped 1.9% year-over-year, as the world economy continues to stifle growth.

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SANTA CLARA, CA — Despite the gloomy global economy and concerns regarding the decline in sales of consumer LCD products, TFT LCD panel suppliers are still expecting shipments to grow 8% in 2012, according to NPD DisplaySearch.

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STAMFORD, CT — Second quarter worldwide server shipments grew 1.4% year-over-year- while revenue declined 2.9%, according to research firm Gartner.

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BANNOCKBURN, IL — Year-on-year sales growth across the global electronics supply chain was mixed in the second quarter, but is now moving in a positive direction, according to the latest data from IPC.

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SHENZHEN -- Local workers may have more reason to cheer as news reports are saying the minimum monthly wages will rise 13.3% early next spring.

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