Market News

BANNOCKBURN, IL – Total North American EMS shipments in July were up 3.4% compared to the same month last year, according to IPC's findings from its North American EMS Statistical Program.

Read more: North American EMS Industry Up 3% in July

NEEDHAM, MA – Worldwide smartphone shipments are forecast to decline 4.7% year over year to 1.15 billion units in 2023, the lowest volume in a decade, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

Read more: Smartphone Shipments Forecast to Reach Lowest Volume in a Decade

NEEDHAM, MA – The road to recovery for personal computers has been challenging coming off explosive years in 2020 and 2021, but signs of growth are finally returning. According to the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker, PC shipments are forecast to grow 3.7% year over year in 2024 reaching 261.4 million shipments.

Read more: Global PC Shipments Expected to Return to Growth in 2024

PASADENA, CA – Procurement professionals are now enjoying a degree of negotiation power that they have not experienced in years due to an improved environment for the buy-side of the electronics supply chain marked by falling lead times, stubborn inventory, uneven demand, and mostly declining pricing, according to new Commodity IQ data from Supplyframe.

Read more: Electronics Component Buyers Have Greater Negotiation Power, Says Supplyframe

TAIPEI – Taiwanese exports of electronic products, primarily semiconductors, shrank in July to $17.7 billion, a 0.4% year-on-year drop, due to faltering demand for foundry services, chip testing and packaging services and printed circuit boards.

Read more: Taiwan Export Orders Continue to Fall

MILPITAS, CA – With sequential IC sales declines beginning to moderate, the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin to recover in 2024, SEMI and TechInsights reported in the Semiconductor Manufacturing Monitor.

Read more: SEMI: Semiconductor Industry on Track for 2024 Recovery but Headwinds Remain

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