NEEDHAM, MA – Global shipments of augmented reality and virtual reality headsets declined 67.4% year over year in the first quarter, according to new data from IDC's Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.

TAIPEI – Smartphone production grew 18.7% year over year in the first quarter with a total of 296 million units shipped, but is projected to decline 5-10% in the second quarter due to inventory adjustments, TrendForce reported.

ATLANTA – The electronic components sales sentiment fell to 112.3 in May, down nearly 12 points from April but still marking the fourth month of positive overall sentiment, ECIA found in its latest Electronic Component Sales Trend survey.

BRUSSELS – Despite the adoption of the European Chips Act, the EU’s market share in critical electronics components beyond chips, including PCBs, EMS and advanced packaging, will decline to 15% by 2035, according to a new IPC report.