News

NEEDHAM, MA – Smartphone shipments will grow 5.3% year-over-year in 2021, reaching 1.35 billion, according to the International Data Corp. However, due to the lower than expected third quarter and the continued component shortages and logistical challenges, which may not improve until mid-2022, IDC has lowered its growth forecast for 2021 and 2022 from 7.4% and 3.4% to 5.3% and 3%, respectively.

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MILPITAS, CA – Global semiconductor equipment billings increased 38% year-over-year to $26.8 billion in the third quarter, growth of 8% sequentially, said SEMI.

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