Market News

BANNOCKBURN, IL – The forecast for US economic growth, initially expected to be 0.5% at the beginning of 2023, is now expected to grow by 2%, according to IPC’s August Economic Outlook report.

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WASHINGTON — Global semiconductor industry sales totaled $43.2 billion in July, an increase of 2.3% compared to June's total of $42.2 billion but 11.8% less than the July 2022 total of $49 billion, according to the Semiconductor Industry Association.

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MILPITAS, CA – Global semiconductor equipment billings dipped 2% year-over-year to $25.8 billion in the second quarter, while quarter-over-quarter billings slipped 4%, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

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BANNOCKBURN, IL – Total North American PCB shipments in July increased 23% compared to the same month last year, IPC announced in its monthly North American PCB Statistical Program.

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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.

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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.

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