Market News

FRAMINGHAM, MA – Worldwide spending on information and communications technology is expected to be $4.3 trillion in 2020, an increase of 3.6% over 2019, according to International Data Corp.

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FRAMINGHAM, MA – Worldwide smartphone shipments decreased 1.1% year-over-year in the fourth quarter, according to International Data Corp.

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FRAMINGHAM, MA – The worldwide tablet market declined 0.6% year-over-year during the fourth quarter, as global shipments fell to 43.5 million units, according to International Data Corp. For 2019, the tablet market shrank 1.5% year-over-year as global shipments totaled 144 million units.

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MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.49 billion in billings worldwide in December, according to SEMI. The billings figure is 17.8% higher than December 2018 and 17.5% higher than November 2019.

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PALO ALTO, CA – While manufacturing companies see the value in implementing artificial intelligence, many are struggling to deliver clear results and are reevaluating their strategy, according to a new report commissioned by Plutoshift.

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TAOYUAN, TAIWAN – 5G is driving the upgrade of copper clad laminate foil materials, says TPCA. As a result, CCL manufacturing plants such as EMC, Iteq, Tuc and Ventec are seeing successful revenues in January.

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