Market News

DALLAS -- Texas Instruments' chief executive says semiconductor manufacturers are poised to see a spike in demand once inventories have been drawn down.

Read more: TI CEO Sees Big Chip Spike Ahead

HELSINKI -- Nokia will lay off 8% -- some 4,000 employees -- of its workforce in Finland, Hungary and Mexico as part of its now year-long cost-cutting measures.

Read more: Nokia Announces 4,000 More Job Cuts

FRAMINGHAM, MA – The worldwide mobile phone market grew 6.1% year-over-year in the fourth quarter as the feature phone market declined faster than anticipated, dragging market growth down to its lowest point in over two years.

Read more: Cellphone Sales Up, But Growth Slowing

FRAMINGHAM, MA – The worldwide smartphone market grew 54.7% year over year in the fourth quarter as Apple unleashed its iPhone 4S on an eager marketplace.

Read more: Smartphone Unit Sales Set Annual Record

EL SEGUNDO, CA -- Global electronics manufacturing services revenue will be flat in 2012, the result of lingering economic concerns in Europe and the US, IHS iSuppli says.

Read more: iSuppli: EMS in for Flat Year

WASHINGTON, DC -- Worldwide semiconductor sales reached a record $299.5 billion in for 2011, up 0.4% year-on-year, according to the final numbers from SIA.

Read more: Despite Sluggish Growth, Semi Sales Set Annual Record

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