Market News

COLD SPRING HARBOR, NEW YORK – The overall PCB materials market dropped significantly in 2023, including rigid laminates, with uneven declines across different segments, Prismark found in its most recent market report.

Read more: CCL Market Declines 16% in 2023, Prismark Reports

BANNOCKBURN, IL – Sentiment among electronics manufacturers slipped in July, dropping to the lowest level in a year, but it remains above its long-term average, according to IPC’s July Sentiment of the Global Electronics Manufacturing Supply Chain Report.

Read more: Electronics Industry Sentiment Slips in July

STAMFORD, CT – Worldwide IT spending is expected to total $5.26 trillion in 2024, an increase of 7.5% from 2023, according to the latest forecast by Gartner.

Read more: Gartner Forecasts Worldwide IT Spending to Grow 7.5% in 2024

NEEDHAM, MA – Global smartphone shipments increased 6.5% year over year to 285.4 million units in the second quarter, according to IDC's Worldwide Quarterly Mobile Phone Tracker.

Read more: Worldwide Smartphone Market Grows 6.5% in Q2

TAIPEI – AI server shipments in the second quarter will increase by nearly 20% quarter over quarter, and the annual shipment forecast of 1.67 million units represents year-over-year growth of 41.5%, according to TrendForce's latest industry report.

Read more: AI Server Demand to Drive 2024 Market Value to $187B, TrendForce Reports

MILPITAS, CA – Sales of printed circuit board and multichip module design software rose 2.8% year-over-year in the first quarter to $378.9 million, the ESD Alliance announced in its latest Electronic Design Market Data (EDMD) report.

Read more: PCB Design Software Revenue Rises 3% in Q1

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