NEEDHAM, MA – Weak demand, excess inventory, and a worsening macroeconomic climate were all contributing factors for the precipitous drop in shipments of traditional PCs during the first quarter of 2023, according to preliminary results from the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker. Global shipments numbered 56.9 million, marking a contraction of 29% compared to the same quarter in 2022.

WASHINGTON – Global semiconductor industry sales totaled $39.7 billion during the month of February 2023, a decrease of 4% compared to the January 2023 total of $41.3 billion and 20.7% less than the February 2022 total of $50 billion, according to the Semiconductor Industry Association.

TAIPEI – Global notebook shipments reached 33.9 million units in the first quarter of 2023, a 13% QoQ and 39% YoY decline, according to the latest research by TrendForce.

NEEDHAM, MA – International Data Corporation has lowered its 2023 forecast for worldwide IT spending for the fifth consecutive month as technology investments continue to show the impact of a weakening economy.