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WASHINGTON – Worldwide sales of semiconductors totaled $137.7 billion during the first quarter, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023, the Semiconductor Industry Association announced.

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MILPITAS, CA – Global semiconductor materials market revenue in 2023 contracted 8.2% to $66.7 billion from the market record of $72.7 billion set in 2022, SEMI reported in its Materials Market Data Subscription (MMDS).

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NEEDHAM, MA – Worldwide tablet shipments posted modest year-over-year growth of 0.5% in the first quarter after more than two years of decline, IDC reported from its Worldwide Quarterly Personal Computing Device Tracker.

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ATLANTA – Overall sales sentiment among electronic components supply chain players continues to rise, according to ECIA's latest Electronic Component Sales Trends survey.

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BIÑAN, PHILIPPINES – Integrated Micro-Electronics has announced the appointment of Louis Sylvester Hughes as its new CEO, effective May 1.

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TAIPEI – Foxconn reported record sales for the month of April and reiterated its expectations for a rise in revenue for the second quarter.

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