Market News

CUPERTINO, CA – Apple set up a $1 billion fund directed toward bringing advanced manufacturing jobs to the US, said Apple CEO Tim Cook, according to published reports.

Read more: Apple Sets Up $1B Fund for US Manufacturing Jobs

BANNOCKBURN, IL — Total North American PCB orders in March decreased 6.7% year-over-year, pushing year-to-date orders down to 1.7% below the same period last year, says IPC. Orders were up 12.8% sequentially.

Read more: N. American March PCB Orders Down 6.7%

WASHINGTON — Worldwide sales of semiconductors rose 18.1% year-over-year in March, reaching $30.9 billion.

Read more: March Global Semiconductor Sales Up 18.1% YoY

FRAMINGHAM, MA – Phone companies shipped a total of 347.4 million smartphones worldwide in the first quarter, according to preliminary results from IDC.

Read more: Q1 Worldwide Smartphone Shipments Up 4.3%

BANNOCKBURN, IL – A recent IPC study on worker skills gap indicates most US electronics assemblers are having a hard time recruiting qualified production workers, and an even harder time finding qualified engineers and other technical professionals.

Read more: IPC: US Skills, Qualifications in Short Supply

MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.03 billion in billings worldwide in March (three-month average basis), up 69.2% year-over-year and 2.6% sequentially, according to SEMI.

Read more: N. American Semi Equipment Billings Up 69% in March

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