NEEDHAM, MA – Shipments of smartphones will decline 3.5% to 1.31 billion units in 2022, according to International Data Corp. After three consecutive quarters of decline and increasing challenges in both supply and demand, IDC has significantly reduced its forecast for 2022 from the previous projection of 1.6% growth. However, IDC expects this to be a short-term setback as the market rebounds to achieve a five-year CAGR of 1.9% through 2026.

NEEDHAM, MA – Worldwide shipments of hardcopy peripherals decreased 12.3% year-over-year to 22.4 million units in the first quarter, according to International Data Corp.

MILPITAS, CA – Global semiconductor equipment billings grew 5% year-over-year to $24.7 billion in the first quarter, SEMI said. Sequential billings in the seasonally soft first quarter declined 10%.

PASADENA, CA – Commodity supply tightness and cost inflation are impacting most inputs across electronics categories, according to new data from Supplyframe. Continuing category challenges at the beginning of this quarter suggest there will only be pockets of relief through the remainder of 2022 and into 2023 for many commodities.