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Mick Elliott

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An initially downbeat but longer term cheerful forecast for the global microcontroller (MCU) market has been issued by IC Insights. After reaching record-high sales in the last two years, the MCU market slid 13% lower in the first half of 2019 because of overall weakness in electronic systems, a slowdown in automobile sales, and no letup in the trade war between the U.S. and China.

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Arrow Electronics 2Q 2019 sales dipped 1% to $7.34bn against $7.39bn in the second quarter of 2018. The company reported a second-quarter net loss of $549m compared with net income of $170m in the second quarter of 2018.