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Global Semiconductor Sales in July Up 29.0

WASHINGTON—Sept. 3, 2021—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $45.4 billion in the month of July 2021, an increase of 29.0% over the July 2020 total of $35.2 billion and 2.1% more than the June 2021 total of $44.5 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) […]

Passive Electronic Components: Global Market Update

Capacitor, resistor and inductor markets all showed signs of increased demand in August, with lead times for all three product lines reaching new heights. Lead times increased again in August 2021 by 2.1 percent. This follows a 3.4 percent month-to-month increase in July 2021, which has subsequently taken capacitor demand and lead times back to […]

Sweetgreen acquiring MIT-born robotic restaurant Spyce 

The robots are coming to Sweetgreen.Popular Los Angeles salad chain Sweetgreen has acquired Boston-based Spyce, a robotic kitchen founded by four MIT grads in 2015.At Spyce’s Washington Street location in downtown Boston, robots assemble bowls filled with various vegetables, grains and sauces. The fast-casual spot closed its doors amid the pandemic, but reopened in November, […]

Raytheon Nuclear Rocket Fuels $3 Billion Win 

In June, Raytheon Technologies (NYSE:RTX) won contracts valued $4.9 billion. The contract value dropped in July, but in this report I will discuss why July in my view was a better month for Raytheon Technologies despite the lower contract value. Source: Raytheon Technologies Stock: Nuclear Rocket Fuels $3 Billion Win (NYSE:RTX) | Seeking Alpha

Why Wafer Bumps Are Suddenly So Important

Wafer bumps need to be uniform in height to facilitate subsequent manufacturing steps, but a push for 100% inspection in packaging in mission-critical markets is putting a strain on existing measurement technologies. Source: Why Wafer Bumps Are Suddenly So Important

Desktop Metal to acquire ExOne for $575M

Desktop Metal Inc. is acquiring another publicly traded 3D printing company in a deal valued at $575 million.The Burlington-based company (NYSE: DM) said on Wednesday it plans to acquire North Huntingdon, Pa.-based The ExOne Co. (Nasdaq: XONE) for a combination of cash and stock worth $575 million. The deal is expected to close in the […]

Marion mourns loss of Lockheed Martin 

After the Marion Lockheed Martin complex announced it would close by 2022 — former and current employees, alongside town officials, mourned the imminent loss. “I was completely shocked, I gotta say,” said long-time employee Bill Beardsley. Beardsley began his time at Sippican in 1981, and said he remembers the summer before he began working at […]

Business booms for high-service distributors 

An increase in design engineering activity and tight supply of chips and other components is resulting in skyrocketing sales for high-service distributors.High-service electronics distributors have weathered the coronavirus pandemic with some reporting a 50 per cent increase in sales during the first five months of 2021.Most high-service distributors focus on design and sell small quantities […]

Abbott Lays Off More than 300 Employees as Testing Demand Declines

The COVID-19 testing bubble could be on the verge of popping for Abbott Laboratories. The company is eliminating 310 jobs at its Westbrook, ME manufacturing facility according to a report from Mainebiz. Source: Abbott Lays Off More than 300 Employees as Testing Demand Declines

Chip shortage to last until 2023, UMC president says 

The global semiconductor shortage is expected to last until 2023 as the COVID-19 pandemic boosts demand for chips for automobiles and smart home devices, United Microelectronics Corp (UMC, 聯電) copresident Chien Shan-chieh (簡山傑) said yesterday. Source: Chip shortage to last until 2023, UMC president says – Taipei Times