Market News

SARASOTA, FL – Reshoring and foreign direct investment job announcements continued their record-breaking run in the first half of 2023, according to the Reshoring Initiative’s 1H 2023 Report.

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MILPITAS, CA – Global semiconductor equipment billings contracted 11% year-over-year to $25.6 billion in the third quarter, while quarter-over-quarter billings slipped 1% during the same period, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

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NEEDHAM, MA – Worldwide smartphone shipments are forecast to see 7.3% year-over-year growth in the fourth quarter, according to IDC's Worldwide Quarterly Mobile Phone Tracker.

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MORGAN HILL, CA – The World Semiconductor Trade Statistics organization has revised its 2023 forecast for the global semiconductor market, anticipating a single-digit contraction of 9.4% for the year, followed by a robust recovery in 2024 with an estimated growth of 13.1%.

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BANNOCKBURN, IL – Total North American PCB shipments in October were up 3.9% compared to the same month last year, according to IPC's findings from its North American PCB Statistical Program. The book-to-bill ratio stands at 0.97.

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BANNOCKBURN, IL – Total North American EMS shipments in October were down 7.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.23.

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