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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

STAMFORD, CT – Worldwide PC shipments reached 241.8 million units in 2023, a 14.8% decrease from 2022, according to preliminary results by Gartner.

Read more: Worldwide PC Shipments Fall 14.8% in 2023

NEEDHAM, MA – Global smartphone shipments declined 3.2% year over year to 1.17 billion units in 2023, according to the International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker.

Read more: Global Smartphone Shipments Drop 3.2% in 2023

NEEDHAM, MA – Global shipments of traditional PCs marginally surpassed expectations in the fourth quarter with nearly 67.1 million PCs shipped, down 2.7% from the prior year, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.

Read more: Worldwide PC Shipments Declined 2.7% in Q4, Says IDC

WASHINGTON – Global semiconductor industry sales totaled $48 billion in November, an increase of 5.3% compared to the November 2022 total of $45.6 billion and 2.9% more than October's total of $46.6 billion, according to the Semiconductor Industry Association.

Read more: Global Semiconductor Sales Increase 5.3% in November

ATLANTA – Participants in the electronic components supply chain are suddenly and strikingly optimistic in their expectations for January after a year of overall index scores languishing between 72.2 and 90.6, according to ECIA's most recent survey.

Read more: ECIA: Confidence Grows for January Component Sales Growth