Market News

NEEDHAM, MA – According to a new forecast from the IDC Worldwide Quarterly Mobile Phone Tracker, global shipments of smartphones will decline 3.2% in 2023, totaling 1.17 billion units for the year.

Read more: Smartphone Market Recovery Delayed by Weak Consumer Demand, Reports IDC

NEEDHAM, MA – Worldwide shipments of hardcopy peripherals grew 2.2% year over year to 22.8 million units in the first quarter. Shipment value also expanded 14% year over year during the quarter to $11 billion, according to new data from the International Data Corporation Worldwide Quarterly Hardcopy Peripherals Tracker.

Read more: IDC: Hardcopy Peripherals Shipments Increase 2% in Q1

BEIJING – The worldwide EV market reached almost 11 million units, with a penetration rate of 14% in 2022, according to the latest report from IDC's Worldwide Semiconductor Automotive Ecosystem and Supply Chain. Driven by improved supply, high oil prices, government subsidies, and price-guaranteed promotions by car companies, China’s electronic vehicle market reached almost 7 million units with a penetration rate of 31.3% last year.

Read more: Global Electronic Vehicle Market Reached Nearly 11M Units in 2022, IDC Finds

BANNOCKBURN, IL – Total North American PCB shipments in April were up 12.1% compared to the same month last year, IPC’s North American Printed Circuit Board Statistical Program reported. Compared to the preceding month, April shipments were down 18.4%.

Read more: IPC: North American PCB Industry Sales Up 12% in April

BANNOCKBURN, IL – Total North American EMS shipments in April were up 14.3% compared to the same month last year, according to the findings from IPC's North American Electronics Manufacturing Services Statistical Program. Compared to the preceding month, April shipments increased 5.5%. 

Read more: North American EMS Industry Up 14% in April

PASADENA, CA – Lead times and prices are expected to drop toward historical norms in the second quarter, while inventory reductions and corrections will continue into the second half of the year, according to the latest Commodity IQ analysis from Supplyframe.

Read more: Electronics Supply Chain Coming into Balance in H2, Says Supplyframe

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