SMT007 Magazine

SMT-Apr2015

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74 SMT Magazine • April 2015 Electronics Industry News Market Highlights ket is projected to reach a total worth of US$38.19 billion by the end of 2020. Transition to Welding Robotics is Inevitable Modernisation needs in the competitive global market and the rising emphasis on energy effi- ciency are steering industries towards automation. This trend is driving the uptake of welding robots over manual welding methods. $1.36T Market Potential of Increased Digitization The increased use of digital technologies could boost productivity for the world's top 10 econo- mies and add US$1.36 trillion to their total eco- nomic output in 2020, according to a new study by Accenture. The study is based on the Accenture Digital Density Index, a tool that helps companies make better strategic investments based on gran- ular measures of digital performance. PMI Experienced Loss in 2014 but Expects Better 2015 Probe Manufacturing Inc. (PMI), a Product De- velopment Accelerator providing engineering and manufacturing services to innovative tech- nology companies reports sales of approximately $3,550,000 and gross profit margin of $920,000 for the year ended December 31, 2014. Small Business Slows in February U.S. small businesses added 15,000 new jobs in February, making for more than 910,000 jobs added since March 2010, but revenues per small business decreased by 0.2% in January, which translates to a decline of 1.8% when annualized, according to Intuit. U.S. Economic Growth Seen to Continue UCLA Anderson Forecast's first quarterly report for the U.S. economy says that the nation "looks like an island of stability in a very volatile world." The implication is that the U.S. is still on track for 3% GDP growth for the next two years, despite slow growth and currency devaluations throughout much of the rest of the developed world. Gartner: Smartphone Sales Tops One Billion Units in 2014 Worldwide sales of smartphones to end users had a record fourth quarter of 2014 with an increase of 29.9% from fourth quarter of 2013 to reach 367.5 million units, according to Gartner, Inc. Samsung lost the No. 1 spot to Apple in the global smart- phone market in the fourth quarter of 2014. Wearable Tech Market to Reach $70B by 2025 There will be over 3 billion sensors in wearable technology devices by 2025, with more than 30% being emerging sensor types. Wearable Sensors 2015–2025: Market Forecasts, Technologies, Play- ers is a brand new IDTechEx report which provides the only up-to-date and specially tailored analysis of every prominent sensor type for wearable tech- nology. China Eyes Bigger Share in Mobile Phone Display Market According to a new report from IHS, the leading global source for critical information and insight, Chinese display module makers have resolved to increase their share of global mobile-phone display shipments. In Q3 of 2014, BOE unseated Sam- sung Display to become the leading global mobile phone display module supplier. WLAN Market Witnessed Sluggish Growth in Q4 2014 According to the results published in the Interna- tional Data Corporation (IDC) Worldwide Quar- terly WLAN Tracker, the enterprise segment con- tinued to grow at a steady rate and increased an- other 7.4% over the same period last year. After an uptick in year-over-year growth in 3Q14 (9.4%), the enterprise WLAN market growth rate resumed a pattern of incremental growth rate decreases. Passive Optical Components Market to Hit $38B by 2019 The report states that the worldwide market for passive optical components stood at US$10.01 bil- lion in 2013. Registering a CAGR of 21.1% from 2014–2020, the passive optical components mar- 74 SMT Magazine • April 2015

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