Market News

SAN JOSE – North America-based semiconductor equipment manufacturers reported 90-day moving average worldwide orders slipped about 1% in March.

Read more: N. American Semi Equipment Orders Flat in March

STAMFORD, CT – Worldwide semiconductor revenue is forecast to total $333 billion in 2016, a decrease of 0.6% from 2015, according to Gartner. This is following a decline of 2.3% in 2015 due to weakened demand for key electronic equipment, elevated inventory levels, and the continuing impact of the strong dollar in some regions.

Read more: Gartner: Global Semis to Decrease 0.6% in 2016

DOVER, DE – Automotive electronics will grow from $185.1 billion in 2015 to $352.9 billion by 2023, a 91% jump, new research suggests.

Read more: Report: Automotive Electronics Expected to Reach $353B by 2023

FRAMINGHAM, MA – Worldwide PC shipments totaled 60.6 million units in the first quarter, down 11.5% year-over-year but in line with forecasts.

Read more: Despite Q1 PC Setback, Reason for Optimism

BOSTON – Global virtual reality headset revenues will reach $895 million in 2016, with 77% of that value accounted for by newly launched premium devices from Oculus, HTC and Sony, says Strategy Analytics.

Read more: Report: Oculus, HTC, Sony to Dominate Global VR Headset Revenue in 2016

STAMFORD, CT – Worldwide IT spending is forecast to total $3.49 trillion in 2016, down 0.5% over 2015, says Gartner. The forecast is down from the research firm's previous outlook of 0.5% growth, published last quarter.

Read more: Gartner Lowers Global IT Spending Forecast

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