Market News

EL SEGUNDO – Economic troubles are spurring unseasonably large price declines for a broad range of electronic parts, creating a near-term buying opportunity for purchasers, says IHS iSuppli.

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SHANGHAI -- Consumer demand for more sophisticated vehicles are driving auto sales in China, according to new reports.

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TEMPE AZ – Economic activity in the US manufacturing sector contracted in July for the second time since July 2009, says the Institute for Supply Management.

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PROSPECT, CT – Forty-two percent of US OEMs surveyed indicate they expect to have more outsourcing projects/purchases in the next year than in the past twelve months. This is up 3% over the previous year and up 11% from the 2010 Design-2-Part Manufacturing Trends Survey.

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HONG KONG -- Global economic turmoil has seriously impacted growth in the PC market and it will remain sequentially weak leading up to the launch of Windows 8, whose initial benefit will mainly be satisfying delayed demand from the third quarter.

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FRAMINGHAM, MA – Worldwide mobile phone shipments grew 1% year-over-year in the second quarter as Samsung and Apple solidified their dominance over the smartphone market.

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