Following a record run, the chip market has cooled down and consumer confidence has waned, resulting in a historic drop for a third quarter.
Smartphone shipments in the Philippines declined by 8% QoQ and by 6.8% annually in 3Q 2022, according to IDC.
Premium smartphone shipments in the key Southeast Asian markets increased by 29% YoY in Q3 2022, according to Counterpoint Research.
With macroeconomic conditions showing no signs of improvement, Indonesia's smartphone shipments declined 21% year-on-year (YoY) in the third quarter.
The global MDC market is expected to hit $8.96 billion by 2027 from $2.47 billion in 2022, registering a CAGR of 29.4%.
Given that the IC industry has never registered a four-quarter sequential IC market decline, expectations are high for a return to IC market growth beginning in 2Q23.
Around 30% of total augmented reality shipments, and 23% of VR shipments will include cellular connectivity by 2027.
Global cellular IoT module outsourced manufacturing accounted for 52.4% of total IoT module shipments in the first half of the year.
Global silicon wafer shipments this year are projected to increase by 4.8% YoY to a record high of nearly 14,700 millions of square inches.
Worldwide tablet shipments were down 8.8% year-on-year in 3Q22, totaling 38.6 million units, according to IDC.