2024 will be bounce-back year for semiconductors

Global semiconductor revenue is projected to grow 16,8% in 2024 to total $624-billion, according to the latest forecast from Gartner. In 2023, the market is forecast to decline 10,9% and reach $534-billion. “We are at the end of 2023 and strong demand for chips...

New BCX report offers strategic insights for SA businesses

Looking to guide businesses by evaluating their innovation strategies and shedding light on the dynamic landscape of digital transformation in South Africa, BCX – in collaboration with EY-Parthenon – has unveiled its Digital Innovation Index Report 2023....

High-end firewalls drag down network security market

The $4-billion market for high-end firewalls suffered its third consecutive quarter of year-on-year (YoY) declines which brought down the entire network security market to single-digit YoY revenue growth after eleven straight quarters of double-digit growth. This is...

Siemens and Intel to collaborate on advanced chip manufacture

Siemens AG and Intel have signed a memorandum of understanding (MoU) to collaborate on driving digitalisation and the sustainability of microelectronics manufacturing. The companies will focus on advancing future manufacturing efforts, evolving factory operations and...

Key changes in MTN leadership

MTN’s group chief operating officer (GCOO) and group exco member Jens Schulte-Bockum will step down when his fixed-term contract ends on 31 March 2024. Selorm Adadevoh will succeed him in the role of group chief commercial officer (GCCO) – a designation...