Market News

MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.01 billion in billings worldwide in June, down 19% year-over-year and 2.5% sequentially, according to SEMI.

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CAMBRIDGE, UK – The market for wearables in 2019 will reach $50 billion, more than double since 2014, says IDTechEx.

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STAMFORD, CT – Worldwide semiconductor revenue is expected to decline 9.6% to $429 billion in 2019, according to Gartner. The research firm cited falling prices and weaker demand for key products for the drop.

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SCOTTSDALE, AZ – IC Insights forecasts the 2019 global electronic systems market will grow 4% to $1.68 trillion. In contrast, the worldwide semiconductor market is expected to drop 12% this year to $443.8 billion after exceeding the $500 billion level for the first time last year.  

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STAMFORD, CT – Gartner lowered its worldwide IT spending outlook for the year to $3.74 trillion, citing a host of reasons for uncertainty. The research firm now expects sales to increase 0.6% from 2018. down slightly from the previous quarter’s forecast of 1.1% growth.

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STAMFORD, CT – After two quarters of decline, the worldwide PC market grew 1.5% in the second quarter of 2019, according to Gartner’s preliminary results, with shipments totaling 63 million units during the quarter.

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