Market News

SCOTTSDALE, AZ – Semiconductor growth will climb 11% in 2022, following a 26% jump in 2021, IC Insights said. After its highest growth rate since 2010, 2022 will more inline with 2020, when IC sales rose 13%.

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NEEDHAM, MA – The worldwide market for smart home devices grew 10.3% year-over-year in the third quarter, with more than 221.8 million device shipments, according to the International Data Corp.

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NEEDHAM, MA – Global shipments for wearables grew 9.9% during the third quarter, reaching 138.4 million units, according to International Data Corp.

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NEEDHAM, MA – With 2021 nearing a close, global shipments of traditional PCs are forecast to reach 344.7 million units, according to International Data Corp. While annual shipments are expected to grow 13.5% during the year, shipments during the holiday quarter are expected to decline 3.4% as supply chain constraints and backups and cost increases around logistics continue to be a burden on getting products into many channels.

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NEEDHAM, MA – Smartphone shipments will grow 5.3% year-over-year in 2021, reaching 1.35 billion, according to the International Data Corp. However, due to the lower than expected third quarter and the continued component shortages and logistical challenges, which may not improve until mid-2022, IDC has lowered its growth forecast for 2021 and 2022 from 7.4% and 3.4% to 5.3% and 3%, respectively.

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MILPITAS, CA – Global semiconductor equipment billings increased 38% year-over-year to $26.8 billion in the third quarter, growth of 8% sequentially, said SEMI.

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