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