Global Semiconductor Sales Decrease 8.2% in 2023; Market Rebounds Late in Year

Worldwide industry sales totaled $526.8 billion in 2023; market grew during second half of year and sales are projected to increase by 13.1% in 2024 WASHINGTON—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, which was […]

Electronics Manufacturers Expect 9.5% Growth in 2024

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Electronics Industry sentiment improved during January, with electronics manufacturers, on average, stating that they expect 5.2 percent revenue growth for 2023, with an increase to 9.5 percent in 2024, according to IPC’s January 2024 Global Sentiment of the Electronics Supply Chain Report.