Market News

STAMFORD, CT – After a steep decline in 2020, global smartphone sales to end users grew 26% in the first quarter of 2021, according to Gartner. Overall, worldwide mobile phone sales to end users grew 22% year-over-year.

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STAMFORD, CT – The worldwide semiconductor shortage will last through this year and not recover to normal levels until the second quarter of 2022, according to Gartner. Substrate capacity constraints could extend to the fourth quarter of next year.

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NEW YORK – Electronic and electrical equipment sales were down 30% in low- and middle-income countries in the first three quarters of last year as a result of Covid-19, according to a new UN report. In high-income countries, sales were down 5% in the same period.

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MILPITAS, CA – First quarter global semiconductor equipment billings increased 51% year-over-year and 21% sequentially to $23.6 billion, SEMI said.

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NEEDHAM, MA – The appetite for wearable devices remained strong in the first quarter even as volumes retreated from record fourth quarter levels

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AUSTIN, TX – The electronics industry saw strong production growth in 2020, and the first quarter of 2021 was a record quarter compared to a year ago, according to TechSearch International. Still, capital equipment spending is increasing, and growth should continue if shortages do not hold the industry back, the firm said.

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