News

NEEDHAM, MA – International Data Corporation has lowered its 2023 forecast for worldwide IT spending for the fifth consecutive month as technology investments continue to show the impact of a weakening economy.

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SAN JOSE -- Despite a cyclical market downturn that took hold during the second half of 2022, global semiconductor sales reached an all-time high of $574 billion for the year, an increase of 3.3% over 2021 sales.

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