U.S. July Purchasing Managers Index at 54.75
New Orders and Production Growing; Employment Contracting Supplier Deliveries Slowing at Slower Rate; Backlog Growing Raw Materials Inventories Contracting; Customers’ Inventories Too Low Prices Increasing; Exports and Imports Growing Economic activity in the manufacturing sector grew in July, with the overall economy notching a third consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report […]
Competition in Mobile Base Station Market to Intensify as Global 5G Development Enters Upswing, Says TrendForce
5G communications have seen various uses in telemedicine and industrial IoT during the spread of COVID-19 in 2020, according to TrendForce’s latest investigations. Primary applications of 5G during this period include contactless disinfection robots, remote work, and distance learning. Currently, China has been most aggressive in developing 5G networks, with more than 400 5G-related innovative […]