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Market News

STAMFORD, CT – Global semiconductor revenue is projected to decline 11.2% in 2023, according to the latest forecast from Gartner, Inc. In 2022, the market totaled $599.6 billion, which was marginal growth of 0.2% from 2021.

NEEDHAM, MA – Worldwide smartphone shipments declined 14.6% year over year to 268.6 million units in the first quarter of 2023, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

BANNOCKBURN, IL — Shipments from North American electronics manufacturing services companies fell 3.1% in March from a year ago, and bookings dropped 7.1%.

BANNOCKBURN, IL — North American PCB shipments rose 11.6% year-over-year in March and 30.1% sequentially, IPC announced today.

MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment rose to an all-time record of $107.6 billion last year, an increase of 5% from $102.6 billion in sales in 2021, SEMI reported.

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.