NEEDHAM, MA – International Data Corporation has lowered its 2023 forecast for worldwide IT spending for the fifth consecutive month as technology investments continue to show the impact of a weakening economy.

Read more: IDC Forecasts Decline in Worldwide IT Spending

SAN JOSE -- Despite a cyclical market downturn that took hold during the second half of 2022, global semiconductor sales reached an all-time high of $574 billion for the year, an increase of 3.3% over 2021 sales.

Read more: Chip Sales Rise in 2022, Especially to Auto, Industrial, Consumer Markets

ATLANTA - The most recent results of ECIA’s ECST survey show sales sentiment slipping slightly from the recent highs it hit in February. In the February survey participants had anticipated improving sales sentiment in March.

Read more: March Electronic Components Sales Sentiment Slips in March, Misses Expectations

BANNOCKBURN, IL – Though overall industry sentiment is upbeat, around 58% of the respondents to IPC’s monthly Global Sentiment of the Electronics Supply Chain Report expect to raise prices in 2023, with an average of an 8% increase.

Read more: Electronics Manufacturing Industry Remains Upbeat Despite Uncertainties, IPC Says