Market News

SAN MATEO, CA – Worldwide semiconductor revenues will decline to $440 billion in 2019, down 7.2% from 2018, says International Data Corp. This follows three consecutive years of growth, with year-over-year growth of 13.2% in 2018.

Read more: IDC: 2019 Global Semi Revenues to Drop 7%

WASHINGTON – The latest round of tariffs on imports on products made in China will raise the duty on printed circuit board and assemblies to 25%.

Read more: New Tariff Hikes Prices in PCB Imports

FRAMINGHAM, MA – Consumer spending on technology is forecast to reach $1.32 trillion in 2019, an increase of 3.5% year-over-year, according to International Data Corp.

Read more: Consumer Spending on Tech to Increase Nearly 4% in 2019

SCOTTSDALE, AZ – The first quarter of 2019 was the fourth largest sequential IC market decline on record. The 17.6% drop was also the third largest first quarter decline since 1984.

Read more: Report: IC Market Experiences 4th Largest Decline in 30 Years

NEW DELHI, INDIA – India’s electronics imports reached a record $55.6 billion in 2019, up 8% year-over-year, according to reports.

Read more: India’s Electronics Imports Up 8% in 2019

WASHINGTON – Worldwide semiconductors sales totaled $96.8 billion in the first quarter, down 13% year-over-year and 15.5% sequentially, says the Semiconductor Industry Association.

Read more: Q1 Global Semi Sales Down 13%

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