5% Dip Predicted in 2023 Revenues for Top 10 Lighting Giants, Demand Recovery Expected by 2Q24, Says TrendForce
TrendForce’s lighting market research indicates a noticeable improvement in inventory depletion for lighting companies compared to the first half of 2023. Growth has been seen in outdoor lighting orders and renovation projects. However, demand remains subdued across most retail, indoor lighting, and specialized lighting sectors. The gloomy global economy this year has also led to […]
Global Shipments of Smart TVs Poised to Make a Slow Recovery, According to IDC
NEEDHAM, Mass. – Worldwide smart TV shipments are on track to decline 5.5% year over year in 2023, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. However, the market is expected to recover with flat growth forecast in 2024 followed by slow growth in the following years. Global shipments are forecast to […]
EMS@C Panel: The Unseen Barriers to Reshoring for EMS with Michael Knöferle, BMK Group and Michael Velmeden CMS Electronics
If you’ve wondered why reshoring isn’t quite hitting the marks we all anticipated, this engaging discussion with special guests, Michael Velmeden from CMS Electronics and Michael Knöferle from BMK Group, is for you. We delve into the inflexibility and opacity of today’s supply chains, spotlighting the hurdles faced by EMS companies in maintaining a firm […]