SCOTTSDALE, AZ – The correlation coefficient between worldwide GDP growth and IC market growth over the past decade was 0.85 (0.96 excluding the memory market in 2017 and 2018), a strong figure given a perfect positive correlation is 1.0, says IC Insights.

STAMFORD, CT – Worldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4% from 2019, according to Gartner. Global IT spending is expected to cross into $4 trillion territory next year.

STAMFORD, CT – Worldwide semiconductor revenue totaled $418.3 billion in 2019, down 11.9% from 2018 on a slump in memory demand, according to Gartner.

FRAMINGHAM, MA – The worldwide market for traditional PCs, inclusive of desktops, notebooks, and workstations, finished the fourth quarter up 4.8% year-over-year, according to International Data Corp.