Market News

BANNOCKBURN, IL – Total North American EMS shipments in September were down 9.8% compared to the same month last year, according to IPC's monthly North American EMS Statistical Program. Compared to the preceding month, September shipments decreased 12.4%. The book-to-bill ratio stands at 1.27.

Read more: North American EMS Shipments Down 9.8% in September

ORLANDO, FL – Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner. While generative AI has not yet had a material impact on IT spending, investment in AI more broadly is supporting overall IT spending growth.

Read more: Worldwide IT Spending to Grow 8% in 2024, Gartner Forecasts

TAIPEI – The global notebook market is set to rebound in 2024, with a projected 2-5% growth projected in yearly shipments, according to the latest market report by TrendForce.

Read more: Global Notebook Market to Rebound in 2024, Says TrendForce

ATLANTA – The electronic components sales sentiment dipped 3.6 points to 86.7 in September, but the industry continues to sustain a positive outlook with a projected sentiment of 94 in October, the highest level since July 2022 and only six points below the threshold of 100 indicating sales growth.

Read more: Electronic Components Sales Sentiment Dips in September

WASHINGTON – The Semiconductor Industry Association released the following statement in response to the new export controls announced by the US Commerce Department. SIA represents 99% of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms.

Read more: SIA Issues Statement on New Export Controls

HERTFORDSHIRE, UK – Refined tin use in 2022 decreased 3.2% to 376,900 tonnes, lower than the preliminary -0.6% estimate made by participants in last year’s survey conducted by the International Tin Association.

Read more: ITA Study: Macro Pressure Rolls Back Tin Demand

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