Market News

ATLANTA – The electronic components sales sentiment climbed to 82.2 points for the first month of the new year, according to the Electronic Components Industry Association's January Electronic Component Sales Trends Report, marking an increase from December's numbers and beating the ECIA's outlook for the month.

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WASHINGTON – Global semiconductor industry sales totaled $573.5 billion in 2022, the highest-ever annual total and an increase of 3.2% compared to the 2021 total of $555.9 billion, according to the Semiconductor Industry Association.

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NEEDHAM, MA – Worldwide tablet shipments posted flat growth of 0.3% year over year in the fourth quarter of 2022, totaling 45.7 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. For the full year 2022, the tablet market saw a decline of 3.3% year over year, ending two years of solid growth although shipments remain well above pre-pandemic levels. Meanwhile, Chromebook shipments continued to contract in 4Q22 with shipments totaling 3.6 million units for a year-over-year decline of 24.3%. Shipments for the full year were down 48% in 2022 after seeing 180.5% growth in 2021.

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BANNOCKBURN, IL – Some 75% of electronics manufacturers are experiencing rising material costs, while 74% indicate that labor costs are on the rise, according to IPC’s January Sentiment of the Global Electronics Manufacturing Supply Chain report. At the same time, profit margins, inventory from suppliers and ease of recruitment are presently declining, though ease of recruitment is rising at a faster pace in APAC and Europe than in North America.

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STAMFORD, CT – Worldwide shipments of total devices (PCs, tablets and mobile phones) are projected to decline 4.4% in 2023, to total 1.7 billion units, according to Gartner, Inc. In 2022, the devices shipment market declined 11.9%.

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NEEDHAM, MA — Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022, according to preliminary data from the International Data Corporation Worldwide Quarterly Mobile Phone Tracker. The drop marks the largest-ever decline in a single quarter and contributed to a steep 11.3% decline for the year.

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