Australia’s Smartphone Shipments Continued to Decline at 9.3% YoY in 3Q23, Says IDC

SYDNEY, Australia – According to International Data Corporation ’s (IDC) Worldwide Quarterly Mobile Phone Tracker, Australia’s smartphone market declined by 9.3% year-on-year (YoY) in 3Q23, shipping 1.81 million units, marking its 4th consecutive quarter of YoY declines. The end-of-financial-year sales provided a slight uplift in July, but consumer demand remained muted due to economic instability. Share the image   The […]

Up Close with ECIA’s Chief Analyst, Dale Ford – Part One

Eric goes deep with the Electronic Component Industry Association’s (ECIA) Chief Analyst, Dale Ford in the first part of a two part interview covering Dale’s forecast for the components industry. Here they discuss the overall component market situation at the end of 2023, which Dale describes as a ‘hard landing’. We are at the bottom […]

Responsible AI in Manufacturing: How Federal policy and a new generation of [Generative] AI tools is empowering the industry’s most vital component– its frontline workers.

On October 30, 2023, President Biden signed an Executive Order on Safe, Secure and Trustworthy Artificial Intelligence (AI). From its perspective of an AI-centered technology company serving the manufacturing sector – which sector has been a primary legislative focus of the Biden administration overall – Augmentir sees this Executive Order (EO) as much needed on […]

NOTE adjusts the guidance for the full year 2023

NOTE estimates sales for the full year 2023 to 4.21-4.26 billion SEK, compared with previous guidance of 4.3 billion SEK. For the fourth quarter 2023 sales is estimated to 1,050-1,100 million SEK with an operating margin of 8.5%-9.0%. For the first nine months of the year, the corresponding operating margin was 9.9%. The lower levels […]