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MILPITAS, CA — Semiconductor manufacturers worldwide will have started construction on 19 new high-volume fabs by the end of this year and break ground on another 10 in 2022 to meet accelerating demand for chips across a wide range of markets including communications, computing, healthcare, online services and automotive, SEMI highlighted today in its quarterly World Fab Forecast report.

Read more: New Semi Fab Starts Surging, Says SEMI

SCOTTSDALE, AZ – IC Insights raised its 2021 worldwide IC market forecast to growth of 24%. The global IC market is expected to exceed $500 billion for the first time.

Read more: IC Insights Raises 2021 Global IC Market Forecast to Growth of 24%

STAMFORD, CT – After a steep decline in 2020, global smartphone sales to end users grew 26% in the first quarter of 2021, according to Gartner. Overall, worldwide mobile phone sales to end users grew 22% year-over-year.

Read more: Q1 Worldwide Smartphone Sales Grew 26%

STAMFORD, CT – The worldwide semiconductor shortage will last through this year and not recover to normal levels until the second quarter of 2022, according to Gartner. Substrate capacity constraints could extend to the fourth quarter of next year.

Read more: Gartner: Global Chip Shortage to Continue Until Q2 2022

NEW YORK – Electronic and electrical equipment sales were down 30% in low- and middle-income countries in the first three quarters of last year as a result of Covid-19, according to a new UN report. In high-income countries, sales were down 5% in the same period.

Read more: UN: Electronic Equipment Sales Down 30% in Lower Income Countries During Covid-19