BEIJING – The worldwide EV market reached almost 11 million units, with a penetration rate of 14% in 2022, according to the latest report from IDC's Worldwide Semiconductor Automotive Ecosystem and Supply Chain. Driven by improved supply, high oil prices, government subsidies, and price-guaranteed promotions by car companies, China’s electronic vehicle market reached almost 7 million units with a penetration rate of 31.3% last year.

BANNOCKBURN, IL – Total North American PCB shipments in April were up 12.1% compared to the same month last year, IPC’s North American Printed Circuit Board Statistical Program reported. Compared to the preceding month, April shipments were down 18.4%.

BANNOCKBURN, IL – Total North American EMS shipments in April were up 14.3% compared to the same month last year, according to the findings from IPC's North American Electronics Manufacturing Services Statistical Program. Compared to the preceding month, April shipments increased 5.5%. 

PASADENA, CA – Lead times and prices are expected to drop toward historical norms in the second quarter, while inventory reductions and corrections will continue into the second half of the year, according to the latest Commodity IQ analysis from Supplyframe.