TAIPEI – Smartphone production grew 18.7% year over year in the first quarter with a total of 296 million units shipped, but is projected to decline 5-10% in the second quarter due to inventory adjustments, TrendForce reported.

ATLANTA – The electronic components sales sentiment fell to 112.3 in May, down nearly 12 points from April but still marking the fourth month of positive overall sentiment, ECIA found in its latest Electronic Component Sales Trend survey.

BRUSSELS – Despite the adoption of the European Chips Act, the EU’s market share in critical electronics components beyond chips, including PCBs, EMS and advanced packaging, will decline to 15% by 2035, according to a new IPC report.

NEEDHAM, MA – Worldwide smartphone shipments are forecast to grow 4% year over year in 2024 to 1.21 billion units, according to IDC's Worldwide Quarterly Mobile Phone Tracker.