FRAMINGHAM, MA – Worldwide smartphone shipments are expected to surpass 1 billion units in 2013, representing 39.3% growth over 2012, IDC said. Despite a number of mature markets nearing smartphone saturation, the demand for low-cost computing in emerging markets continues to drive the smartphone market forward, the research firm stated.

EL SEGUNDO, CA — The semiconductor and electronics OEM industries are set to enjoy significant revenue growth in 2013, partly due to their tight management of inventory levels, according to IHS. Among OEMs in six categories, total revenue in the third quarter reached an estimated $493 billion, up 7% from $462 billion in the second quarter. Revenue in the final quarter of the year is expected to climb at an even more blistering pace, reaching $540 billion with sequential growth of 10%.