Market News

BANNOCKBURN, IL – North American PCB shipments in December were down 18.3% compared to the same month last year, according to IPC's findings in its North American PCB Statistical Program.

Read more: North American PCB Shipments Down 18% in December

LONDON – The semiconductor industry had a challenging year in 2023, but 2024 is now predicted to see a 13% year-over-year sales increase to $588 billion, according to Deloitte's 2024 semiconductor outlook.

Read more: Report: Chip Sales Look to Bounce Back in 2024

ATLANTA — Results from the January 2024 ECST survey of electronic components supply chain participants delivered very encouraging results as all areas showed strong improvement in index scores for January results and anticipation of a robust continuation of the upward trend in February.

Read more: Electronic Components Industry Enters 2024 with Strong Momentum, ECST Survey Finds

TAIPEI – The persistence of a rally in memory prices during 2024 will largely depend on suppliers' ongoing and effective control over their capacity utilization rates, TrendForce reported in its latest analysis.

Read more: Sustained Price Rally for DRAM and NAND Flash Possible Through Q4, Says Trendforce

STAMFORD, CT – Worldwide semiconductor revenue in 2023 totaled $533 billion, a decrease of 11.1% from 2022, according to preliminary results by Gartner.

Read more: Worldwide Semiconductor Revenue Declined 11% in 2023, Gartner Reports

STAMFORD, CT – Worldwide IT spending is expected to total $5 trillion in 2024, an increase of 6.8% from 2023, Gartner forecast in its most recent report.

Read more: Gartner Forecasts Worldwide IT Spending to Grow 6.8% in 2024

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