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

NEEDHAM, MA – Worldwide tablet shipments posted a decline of 29.9% year over year in the second quarter, totaling 28.3 million units, according to preliminary data from the International Data Corporation's Worldwide Quarterly Personal Computing Device Tracker.

Read more: Tablet Shipments Decline Sharply in Second Quarter

WASHINGTON – Worldwide sales of semiconductors totaled $124.5 billion during the second quarter of 2023, a 4.7% sequential increase but 17.3% less than the second quarter of 2022, according to the Semiconductor Industry Association.

Read more: Semiconductor Sales Increase 4.7% from May

ATLANTA – July sales sentiment and August expectations for electronics component sales registered an accelerating, refreshing recovery from the doldrums the industry suffered in the second quarter, according to ECIA's monthly Electronic Component Sales Trend Survey.

Read more: Electronic Components Sales Sentiment Continues Recovery in July