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Electronics Production Trending Up

Electronics Production Trending Up
by Bill Jewell on 10-24-2023 at 1:08 pm

Unit Change Electronics 2H 2023

Production of electronic devices is finally on the uptrend following a post-pandemic slump in late 2021. According to IDC, smartphone shipments versus a year ago turned negative in 3Q 2021 at -6%. The decline hit a low of -18% in 4Q 2022. Since then, smartphones have been recovering. IDC data is not yet available, but Canalys estimated… Read More


Nvidia Number One in 2023

Nvidia Number One in 2023
by Bill Jewell on 09-21-2023 at 8:00 pm

Nvidia number one in 2023

Nvidia will likely become the largest semiconductor company for the year 2023. We at Semiconductor Intelligence (SC-IQ) estimate Nvidia’s total 2023 revenue will be about $52.9 billion, passing previous number one Intel at an estimated $51.6 billion. Nvidia’s 2023 revenue will be almost double its 2022 revenue on the strength… Read More


Turnaround in Semiconductor Market

Turnaround in Semiconductor Market
by Bill Jewell on 08-14-2023 at 1:30 pm

Semiconductor Market Change Q3 2023

The global semiconductor market grew 4.2% in 2Q 2023 versus 1Q 2023, according to WSTS. The 2Q 2023 growth was the first positive quarter-to-quarter change since 4Q 2021, a year and a half ago. Versus a year ago, the market declined 17.3%, an improvement from a 21.3% year-to-year decline in 1Q 2023. Semiconductor market year-to-year… Read More


Has Electronics Bottomed?

Has Electronics Bottomed?
by Bill Jewell on 07-19-2023 at 6:00 pm

Electronics Bottomed 2023 1

The current slump in the electronics market began in 2021. Smartphone shipments versus a year earlier turned negative in 3Q 2021. The smartphone market declines in 2020 were primarily due to COVID-19 related production cutbacks. The current smartphone decline is due to weak demand. According to IDC, smartphone shipments were… Read More


Semiconductor CapEx down in 2023

Semiconductor CapEx down in 2023
by Bill Jewell on 06-28-2023 at 2:00 pm

Semiconductor Capex 2021 2022 2023

Semiconductor capital expenditures (CapEx) increased 35% in 2021 and 15% in 2022, according to IC Insights. Our projection at Semiconductor Intelligence is a 14% decline in CapEx in 2023, based primarily on company statements. The biggest cuts will be made by the memory companies, with a 19% drop. CapEx will drop 50% at SK Hynix… Read More


Steep Decline in 1Q 2023

Steep Decline in 1Q 2023
by Bill Jewell on 05-17-2023 at 2:00 pm

Top Semiconductor Company Revenue 2023

The global semiconductor market dropped 8.7% in 1st quarter 2023 versus 4th quarter 2022, according to WSTS. This was the steepest quarter-to-quarter decline since a 14.7% drop in 1Q 2019. 1Q 2023 was down 21.3% from a year earlier, the largest year-to-year decline in thirteen years since a 30.4% drop in 1Q 2009. Revenues of the … Read More


Electronics Production in Decline

Electronics Production in Decline
by Bill Jewell on 04-19-2023 at 6:00 am

Unit Change Electronics 2023

Shipments of PCs and smartphones were weak in 2022 and continue to decline in 2023. For the first quarter of 2023, IDC estimated PC shipments dropped 29% from a year earlier. This follows a 28% year-to-year decline in 4Q 2022. For the year 2022, PC shipments declined 16% from 2021, the largest year-to-year decline in the history of… Read More


Automotive Lone Bright Spot

Automotive Lone Bright Spot
by Bill Jewell on 03-29-2023 at 10:00 am

Automotive Annual Unit Change

Automotive appears to be about the only bright spot in the semiconductor market for 2023. Forecasts for the overall semiconductor market range from a decline of 4% to a decline of 20%. Semiconductor companies generally have bleak outlooks for the start of 2023, citing excess inventories ad weak end market demand. The chart below… Read More


Bleak Year for Semiconductors

Bleak Year for Semiconductors
by Bill Jewell on 02-22-2023 at 6:00 am

Top Semiconductor Revenue 2022

The global semiconductor market in 2022 was $573.5 billion, according to WSTS. 2022 was up 3.2% from 2021, a significant slowdown from 26.2% growth in 2021. We at Semiconductor Intelligence track semiconductor market forecasts and award a virtual prize for the most accurate forecast for the year. The criteria are a forecast publicly… Read More


CES is Back, but is the Market?

CES is Back, but is the Market?
by Bill Jewell on 01-11-2023 at 6:00 am

Jan 2023 CES 768x465 1

CES 2023, the annual consumer technology show, was held last week in Las Vegas, Nevada. Over 115,000 people attended and over 3200 companies exhibited. As shown below, attendance and exhibitors were up about 2 ½ times the pandemic limited CES 2022. However, attendance was down one-third and exhibitors were down 27% from CES 2020.… Read More