STAMFORD, CT – Worldwide semiconductor revenue is forecast to total $333 billion in 2016, a decrease of 0.6% from 2015, according to Gartner. This is following a decline of 2.3% in 2015 due to weakened demand for key electronic equipment, elevated inventory levels, and the continuing impact of the strong dollar in some regions.

DOVER, DE – Automotive electronics will grow from $185.1 billion in 2015 to $352.9 billion by 2023, a 91% jump, new research suggests.