WASHINGTON, DC – The latest ECIA Industry Pulse survey shows a decline in August sales sentiment, with the overall index falling from 121.6 in July to 113.2 – well below the July forecast of 127.5. Despite this miss, optimism remains strong as participants project a rebound in September, with sentiment expected to rise to 130.2. Passive and electro-mechanical components led August’s results with index scores of 116.1 and 115.0, while semiconductors trailed at 108.3.

WASHINGTON, DC – Global smartphone production reached 300 million units in the second quarter, marking a 4% quarter-over-quarter and 4.8% year-over-year increase, according to TrendForce. The rebound was fueled by seasonal demand and stronger output from brands such as Oppo and Transsion, which benefited from completing inventory adjustments.