NEEDHAM, MA – Smartphone shipments are forecast to grow 13.9% year-over-year in the first quarter and 5.5% for the full year 2021, according to International Data Corp. This growth will be driven by continued recovery in demand and a supply-side push of 5G devices. IDC expects the global smartphone market to deliver a CAGR of 3.6% over the 2020-2025 forecast period.

LISLE, IL – According to a recent Molex survey of telecom carriers, 99% say end users will benefit from 5G within five years.

OTTAWA – The global automotive electronics market will reach hit around $640.6 billion by 2030, growing at a 10-year compound average rate of 7.64%, according to new study by Precedence Research. Automotive electronics sales comprised nearly $256 billion in 2020, the market researchers said, boosted by demand for electric vehicles and their high electronics content.

TAIPEI – Global DRAM revenue reached $17.7 billion in the fourth quarter, up 1.1% year-over-year, according to TrendForce.