Market News

MILPITAS, CA — North America-based manufacturers of semiconductor equipment posted a 90-day average billings of $1.9 billion worldwide in April. The mark was down 29% year-over-year and up 4.7% sequentially, according to SEMI.

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SAN MATEO, CA – Worldwide semiconductor revenues will decline to $440 billion in 2019, down 7.2% from 2018, says International Data Corp. This follows three consecutive years of growth, with year-over-year growth of 13.2% in 2018.

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WASHINGTON – The latest round of tariffs on imports on products made in China will raise the duty on printed circuit board and assemblies to 25%.

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FRAMINGHAM, MA – Consumer spending on technology is forecast to reach $1.32 trillion in 2019, an increase of 3.5% year-over-year, according to International Data Corp.

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SCOTTSDALE, AZ – The first quarter of 2019 was the fourth largest sequential IC market decline on record. The 17.6% drop was also the third largest first quarter decline since 1984.

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NEW DELHI, INDIA – India’s electronics imports reached a record $55.6 billion in 2019, up 8% year-over-year, according to reports.

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