Market News

FRAMINGHAM, MA – Smartphone shipments are expected to grow 3.1% in 2016, a substantial slowdown from the 10.5% growth in 2015 and 27.8% in 2014, says International Data Corp. Shipments are expected to hit 1.48 billion in 2016 and grow to 1.84 billion in 2020. The new forecast is 2.6 percentage points lower than IDC's previous forecast for 2016 on the basis of the continued slowdown in mature markets and China.

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FRAMINGHAM, MA – Worldwide tablet shipments are expected to decline for the second straight year in 2016, dropping 9.6% compared to 2015 volumes, according to International Data Corp.

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SAN FRANCISCO – The global flexible electronics market was $20.9 billion in 2015, and is estimated to reach $87.2 billion by 2024, says Grand View Research.

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TAIPEI -- Average contract prices of TLC- and MLC-based products fell 4 to 11% and 6 to 10%, respectively, on a sequential basis in the second quarter, according to DRAMeXchange, a division of TrendForce.

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BANNOCKBURN, IL – April North American printed circuit board orders increased 6.4% year-over-year, boosting year-to-date growth for the first quarter to 5%.
Orders were down 19.3% sequentially, says IPC.

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DUBLIN – The automated material handling equipment market is expected to grow at a CAGR of 7.9% between 2016 and 2022 and reach $44.68 billion by 2022, says Research and Markets.

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