SAN JOSE, CA – EDA industry first-quarter revenue fell 10.7% from last year to $1192.1 million, reports the EDA Consortium (EDAC). The decline is primarily attributed to changes in accounting methods by Cadence Design Systems.
TORONTO – Firan Technology Group Corp. (FTG) reported second-quarter sales dropped 11% from last year to $14.6 million on decreased customer demand and the shifting US exchange rate.
BANNOCKBURN, IL — A US trade group has launched a campaign to convince the environmental agencies and governments of Germany and Sweden to keep Tetrabromobisphenol(a) (TBBPA) legal in electronics products.
SAN JOSE–The 90-day moving average sales of semiconductors rose 5.4% sequentially to $16.5 billion worldwide in May, the Semiconductor Industry Association reported. May sales were down 23.2% year-over-year, but it's the third straight month of growth for the sector.
“The May sales numbers reflect the third-consecutive month of sequential growth for the semiconductor industry,” said SIA president George Scalise in a statement. “The sequential monthly increases lead us to be cautiously optimistic about a return to normal seasonal patterns for the industry going forward.”
Scalise noted that as semiconductors become ever-more pervasive in a growing array of products, the global microchip industry increasingly mirrors the performance of the overall economy. “As consumer confidence returns and the economy resumes growth, we expect the industry to reflect those patterns,” Scalise said.