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The European components market contraction persisted into the second quarter of 2024, significantly impacting the distribution industry. According to DMASS Europe e.V., the European components distribution market experienced a 26.9% decline in Q2 2024 across all components, resulting in consolidated sales of €4.09 billion. While IP&E (Interconnect, Passive, and Electromechanical) components showed signs of stabilisation
Following two months of sliding electronic component sales sentiment measurements that left the overall product index in negative sentiment territory, the component index recovered slightly into positive territory with a 4.5-point rise in July. “While the score of 103.4 is just above the threshold of 100, this recovery up to a positive range is encouraging
Chip stocks worldwide have slumped due to fears surrounding the global computer chip industry. The sell-off followed reports that the Biden administration may further tighten restrictions on exports of semiconductor equipment to China. Comments by former US President Donald Trump, suggesting that Taiwan should fund its own defence, added to these concerns. In the US,
While the semiconductor foundry industry is facing many challenges, it is on track to have a 5.4% CAGR until 2029. The semiconductor foundry industry faces a complex landscape of make-or-buy decisions and international dependencies, announces Yole Group in its new technology and market analysis, Overview of the Semiconductor Foundry Industry 2024. IDMs produce semiconductors both
The Electronic System Design (ESD) industry saw a 14.4% increase in revenue, reaching $4,521.6 million in the first quarter of 2024, up from $3,951.1 million in the same period in 2023. This data was released by the ESD Alliance, part of the SEMI Technology Community, in its latest Electronic Design Market Data (EDMD) report. The
WSTS has adjusted its Spring 2024 forecast upwards, projecting a 16.0% growth in the global semiconductor market to $611 billion compared to the previous year. This revision reflects stronger performance in the last two quarters, particularly in computing end-markets. For 2024, mainly two Integrated Circuit categories are anticipated to drive the growth for the year
Global semiconductor industry sales hit $49.1 billion during the month of May 2024 according to the Semiconductor Industry Association (SIA). This is an increase of 19.3% compared to the May 2023 total of $41.2 billion and an increase of 4.1% compared to the April 2024 total of $47.2 billion. “The global semiconductor market has grown
A rapidly growing population where a significant majority of that population are between 15-29 years old not only means the emergence of a tech-savvy generation who have grown up using smartphones and laptops, but growing numbers of a population with greater spending power. India, whose recorded population was approximately 1.4 billion in 2022 and growing,
For the second consecutive month, the ECST survey reported disappointing results, with the overall component index dropping by 13.4 points in June to fall below the 100-point threshold, landing at 98.9 points. The cumulative decline of over 25 points in May and June wiped out all progress made since January. “Once again, survey respondents expect
Micro-Electro-Mechanical Systems (MEMS) devices are integral to modern life, found in a wide array of applications ranging from smartphones and automobiles to fighter jets. Their extensive use means that the production volumes and associated revenues of MEMS devices can be substantial. The MEMS market is poised for significant long-term growth, driven by key trends across