MILPITAS, CA – In a sign of return to normalcy, China’s idled factory workforce is preparing to return to the production lines. Outside of Hubei province, home to Wuhan, most manufacturing workers are expected to be back on the job by the end of this month, with the proportion of manufacturing employees returning to work in Hubei cities except Wuhan reaching 70% by then, said Didier Chenneveau, partner, Supply Chain Practice, McKinsey & Co.
FRANKFURT -- Uncertainties over Brexit, a crisis in the automotive industry and trade conflicts among the US, China and Europe stifled orders and sales of printed circuit boards from manufacturers in German-speaking countries in 2019, according to ZVEI.
LYON-VILLEURBANNE, FRANCE – Fourth quarter combined DRAM and NAND revenue was $27.5 billion, down 23.4% year-over-year and up 2.5% sequentially, according to Yole Developpement.
FRAMINGHAM, IDC – Total end-user spending on IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, recovered in the fourth quarter after two consecutive quarters of decline, says International Data Corp. Year-over-year growth of 12.4% yielded $19.4 billion in spending.
FRAMINGHAM, MA – Worldwide IT spending is now expected to decline 2.7% in constant currency terms this year as Covid-19 impacts the global economy and forces many organizations to respond with contingency planning and spending cuts in the short term, according to International Data Corp.
NEVADA CITY, CA – In 2019, the top 50 global electronics manufacturers had $351 billion in revenue combined, an increase of $21 billion from 2018, according to Manufacturing Market Insider, a division of New Venture Research. Top 50 sales increased year-over-year 6.4%, largely as a result of the bottom 40 EMS firms dominating growth.