The traditional PC market in APAC (including Japan and China) posted a 16.1% decline in 2023 to 97.4 million units, according to IDC.
Key vendors including Apple, OPPO and vivo saw double-digit declines as China's overall smartphone unit sales fell by 7% YoY in the first six weeks of 2024.
ASML and Applied Materials managed to post YoY growth, while Lam Research, Tokyo Electron and KLA's revenues declined by 25%, 22%, and 8% YoY, respectively.
TrendForce forecasts a significant turning point for the LED lighting market in 2024, as an estimated quantity of 5.8 billion LED lamps and luminaires reach the end of their lifespan.
Global server shipments are estimated to reach approximately 13,654 million units in 2024, an increase of about 2.05% YoY.
The Philippine tablet market declined by 39.8% to just over 750,000 units in 2023, according to IDC.
The FPD equipment market is forecast to recover in 2024 as OLED panel manufacturers formalize Gen 8.6 FMM-based OLED factories.
Global TV shipments fell by 3% in 2023 to reach 223 million units, according to Counterpoint Research.
Global semiconductor industry sales reached $47.6 billion in January 2024, up by 15.2% year-on-year, but down by 2.1% month-on-month.
Macroeconomic conditions contributed to the decline in shipments as the economy experienced lackluster growth in 2023.
This milestone was achieved in less than five years, the shortest period when compared to previous technologies like 4G or 3G.
The Philippine smartphone market registered 3.8% YoY growth to 16.9 million units in 2023, according to IDC.