MORGAN HILL, CA – The World Semiconductor Trade Statistics organization has revised its 2023 forecast for the global semiconductor market, anticipating a single-digit contraction of 9.4% for the year, followed by a robust recovery in 2024 with an estimated growth of 13.1%.

BANNOCKBURN, IL – Total North American PCB shipments in October were up 3.9% compared to the same month last year, according to IPC's findings from its North American PCB Statistical Program. The book-to-bill ratio stands at 0.97.

BANNOCKBURN, IL – Total North American EMS shipments in October were down 7.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.23.

SAN MATEO, CA – The IDC has raised its 2024 semiconductor revenue outlook from $625.9 billion to $632.8 billion, and predicts the US market will remain resilient from a demand standpoint and China will begin recovering by the second half of 2024.