NEEDHAM, MA – Desktop and mobile workstation shipments shrank 22.2% in the fourth quarter compared to a year ago as IT device spending slowed amidst economic concerns and fulfillment of backlogged orders, according to the International Data Corporation (IDC) Worldwide Quarterly Workstation Tracker.

Read more: PC Workstation Shipments to Slow in 2023 but Future Outlook Remains Solid, According to IDC

TAIPEI – Global DRAM revenue fell by 32.5% quarter-over-quarter to $12.28 billion, per TrendForce research. The fourth-quarter decline is larger than the QoQ decline of 28.8% for the third quarter and comes close to the QoQ decline of 36% for the final quarter of 2008, when the global economy was in the midst of a major financial crisis.

Read more: TrendForce: Global DRAM Revenue Fell by More Than 30% in Fourth Quarter

BANNOCKBURN, IL – Economic data over the last month is providing a mixed view of the economy, according to the IPC’s February Economic Outlook report.

Read more: Economic Data Provides a Mixed View of the Economy, Says IPC

NEEDHAM, MA – Shipments of smartphones will decline 1.1% in 2023 to 1.19 billion units, down from the previous forecast of 2.8% growth as the market continues to suffer from weak demand and ongoing macroeconomic challenges, according to the International Data Corporation's latest Worldwide Quarterly Mobile Phone Tracker forecast.

Read more: IDC: Global Smartphone Shipments Expected to Decline 1.1% in 2023