2021 Smartphone Growth to Reach Its Highest Level Since 2015, According to IDC
NEEDHAM, Mass. — Following back-to-back quarters of growth, International Data Corporation (IDC) has raised its near-term outlook for the global smartphone market. According to the IDC Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones are forecast to reach 1.38 billion units in 2021, an increase of 7.7% over 2020. This trend is expected to continue into […]
MacroFab Announces a $15M Series B round led by Edison Partners, Including Strategic Investment from Altium to Accelerate Growth for Manufacturing-as-a-Service Platform for Electronics
HOUSTON, TX – MacroFab announced $15 million in new funding. The round was led by Edison Partners , with prior investors including ATX Venture Partners participating. Altium Limited , a leader in the electronics design software space, joined the round as a strategic investor aligned with the MacroFab mission of digitizing electronics production from earliest […]
Artificial Intelligence Act: New EU Rules to Shape Global AI Standards
On April 21, 2021, the European Commission put forward the long-awaited Proposal for a Regulation on a European approach for Artificial Intelligence, introducing for the first time harmonized rules for the development, placement and use of secure and ethical artificial intelligence (AI) in Europe. SEMI Europe’s Marek Kysela explains the significance.
Prototype Electronics Ltd Continues Expansion with Identical Second Placement Machine
Despite the coronavirus pandemic, Piddlehinton-based Prototype Electronics Ltd has invested in a second iineo pick & place machine from Europlacer. The new machine was specified to be identical to the company’s first single-turret iineo+ machine acquired just one year earlier. Prototype Electronics Ltd (PEL) is just a few miles down the road from […]
New UK Government report shows steep fall in trade with both EU and non-EU countries – with Brexit having a bigger impact than Covid.
Today’s ONS report looking at the combined impact of Covid and Brexit shows trade with EU countries has declined 23.1%. The report also reveals Brexit problems far outweighed Covid issues in the first quarter of 2021. A new UK Government report highlights the real impact that the ‘double whammy’ of Brexit and the coronavirus have […]