MILPITAS, CA – Global fab equipment spending for front-end facilities is expected to decrease 22% year-over-year to $76 billion in 2023 from a record high of $98 billion in 2022 before rising 21% YoY to $92 billion in 2024 to reclaim lost ground, SEMI announced in its latest quarterly World Fab Forecast report. The 2023 decline will stem from weakening chip demand and higher inventory of consumer and mobile devices.

ATLANTA – The electronic component sales sentiment climbed to 90.6 in February, according to the Electronic Components Industry Association's latest Electronic Component Sales Trends survey, beating expectations for the month and continuing an upward trend that began in December.

WASHINGTON – Global semiconductor industry sales totaled $41.3 billion during the month of January 2023, a decrease of 5.2% compared to the December 2022 total of $43.6 billion and 18.5% less than the January 2022 total of $50.7 billion, according to the Semiconductor Industry Association.

NEEDHAM, MA – Global shipments of AR/VR headsets declined 20.9% year over year to 8.8 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.