SCOTTSDALE, AZ – Total semiconductor sales will rise 11% this year, following a 25% increase in 2021 and an 11% increase in 2020, according to a new report from IC Insights. If achieved, it would mark the first time since 1993-1995 that the semiconductor market has enjoyed three consecutive years of double-digit growth.  

NEEDHAM, MA – Worldwide smartphone shipments were 362.4 million during the fourth quarter, down 3.2% year-over-year, according to International Data Corp, the second straight quarter of negative growth.

On an annual basis, the market grew 5.7% in 2021, with 1.35 billion smartphones shipped, thanks to a strong first half.