Gartner predicts 30% of AI Projects will be abandoned by 2025
At least 30% of generative AI projects will be abandoned by 2025 as organisations struggle to realise the value of the technology, says Gartner. SOURCE: Computer Weekly At least 30% of generative AI (GenAI) projects will be dropped after the proof-of-concept (PoC) stage by the end of 2025, due to poor data quality, inadequate risk controls, escalating […]
Sanmini Posts Fiscal Third Quarter Financial Results
SAN JOSE, Calif. /PRNewswire/ — Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ: SANM), a leading integrated manufacturing solutions company, reported financial results for the fiscal third quarter ended June 29, 2024 and outlook for its fiscal fourth quarter ending September 28, 2024. Third Quarter Fiscal 2024 Financial Highlights Revenue: $1.84 billion GAAP operating margin: 4.5% […]
How to Navigate Supply Chain Uncertainty
In a world marked by trade wars, geopolitical tensions, and economic fluctuations, businesses face unprecedented challenges. However, amidst this uncertainty, companies that can adapt and overcome will emerge stronger. Tobey Gonnerman, President of Fusion Worldwide explains how.
IDC: Chinese Smartphone Market Accelerates to 8.9% Growth in 2Q24, Led by Chinese OEMs
BEIJING and NEEDHAM, Mass. – According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China’s smartphone shipments grew 8.9% year over year (YoY) to 71.6 million units in 2Q24. The third consecutive quarter of growth led to 140.8 million units of shipments in the first half of 2024 and a […]
PCBAA Issues Statement On CHIPS Act Funding
The Printed Circuit Board Association of America supports the CHIPS Act funding of $400 million for a greenfield American advanced packaging operation. The investment in advanced packaging is important because there is currently scant domestic capacity. This is also the case for PCBs and substrates: manufacturing has been offshored to Asia over the past 20 years. We […]