Market News

SAN MATEO, CA – The IDC has raised its 2024 semiconductor revenue outlook from $625.9 billion to $632.8 billion, and predicts the US market will remain resilient from a demand standpoint and China will begin recovering by the second half of 2024.

Read more: IDC: Semiconductor Market to Grow 20% in 2024

MILPITAS, CA – The global semiconductor manufacturing industry is on track for recovery in the fourth quarter, setting the stage for continued growth in 2024, SEMI announced in its latest publication of the Semiconductor Manufacturing Monitor Report, prepared in partnership with TechInsights.

Read more: Global Semiconductor Manufacturing Industry Set for Q4 Recovery, SEMI Reports

ALPHARETTA, GA -- Continuing a trend that started in March, the October sales sentiment survey underperformed expectations, ECIA said.

Read more: ECIA Survey Says October Components Sales Sentiment Below Expectations

NEEDHAM, MA – Worldwide tablet shipments posted a decline of 14.2% year over year in the third quarter, totaling 33.2 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.

Read more: Tablet and Chromebook Shipments Continue Decline in Q3

WASHINGTON – Global semiconductor sales for September increased 1.9% month-to-month and fell 4.5% year-over-year, according to the Semiconductor Industry Association.

Read more: Global Semiconductor Sales Increase 1.9% Month-to-Month in September

MILPITAS, CA – Worldwide silicon wafer shipments decreased 9.6% quarter-over-quarter to 3.01 billion sq. in. in the third quarter, a 19.5% drop from the 3.74 billion sq. in. recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry.

Read more: Worldwide Silicon Wafer Shipments Fall in Q3, SEMI Reports

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