BEIJING – Global wrist-worn device shipments rose 10.5% year-over-year in the first quarter, totaling 45.6 million units, according to IDC. The growth was driven by strong demand in key regions, including Western Europe, the US, Latin America and Asia/Pacific, as well as a 37.6% surge in China supported by government subsidies.

NEEDHAM, MA – The global AR/VR headset market rebounded in the latest quarter with 18.1% year-over-year growth, according to IDC. Meta led with a 50.8% market share, while XREAL and Viture recorded strong gains amid growing demand for immersive experiences.

WASHINGTON – The three-month moving average semiconductor sales rose 22.7% in April from a year ago, reaching $57 billion, the Semiconductor Industry Association (SIA) announced.

NEEDHAM, MA – IDC this week sharply reduced its global smartphone shipment forecast to 0.6%, down from 2.3% projected earlier this year. The downgrade reflects growing economic uncertainty, tariff volatility and weakening consumer demand.