Market News

BANNOCKBURN, IL — The 90-day moving average among North American printed circuit board fabricators fell 3.1% from a year ago, IPC announced today.

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ATLANTA – The electronic component sales outlook was stable in March and is expected to remain so during the current month, according to the ECIA’s monthly survey of passive component vendors.

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TAIPEI – TrendForce has reduced its 2025 notebook brand shipment growth forecast from 3.6% to just 1.4%, citing continued economic headwinds and uncertainty over tariff policy. The downgrade comes despite a 90-day US grace period before reciprocal tariffs take effect.

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NEVADA CITY, CA – Revenue at the 50 largest electronics manufacturing services companies grew 12.7% in 2024, totaling $477 billion and reversing a historic 2023 downturn, a new report says.

Revenue among the top 10 EMS firms made up 87.6% of sales of the top 50, down from 88.7% the prior year, added Manufacturing Market Insider. The remaining 40 companies saw slower gains, growing 3.5%.

Top-tier suppliers including Foxconn, BYD Electronics and Celestica led the growth, while others such as Pegatron, Wistron and Jabil posted double-digit declines. Mid-tier firms like DBG, Dixon Technologies, Fabrinet and Cyient filled the gap, driving industry recovery.

The Asia-Pacific region dominated with 74.7% of the revenue, while the Americas posted 20.4% growth and EMEA reached 2.5%, the latter buoyed by acquisition activity.

The minimum revenue to make the Top 50 list was $521 million, up $87 million from 2023.

NEEDHAM, MA - Global smartphone shipments rose 1.5% year-over-year to 304.9 million units in the first quarter, according to preliminary data from IDC. The industry’s performance matched expectations, with manufacturers accelerating output to sidestep anticipated US tariff increases on Chinese imports.

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MILPITAS, CA – Global semiconductor equipment sales rose 10% in 2024 to $117.1 billion, setting a new high, according to SEMI’s latest report. Growth was led by wafer processing and back-end equipment, with the latter rebounding sharply due to rising demand for AI and high-bandwidth memory production.

China drove much of the momentum, with investments climbing 35% to $49.6 billion, making it the top regional market. Korea followed at $20.5 billion, up 3%, while Taiwan dropped 16% to $16.6 billion. North America saw a 14% increase to $13.7 billion, reflecting renewed domestic manufacturing efforts. Europe and Japan saw declines, down 25% and 1%, respectively.

SEMI president and CEO Ajit Manocha said the record-setting year was fueled by “regional investment trends, advancements in logic and memory, and AI-driven demand.”

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