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WASHINGTON – Global semiconductor industry sales were $51.8 billion in May, up 18% year-over-year and 1.8% sequentially, says the Semiconductor Industry Association.

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TAIPEI – Foxconn said June sales jumped 31% year-over-year to a record high for the month, and the firm is raising its full-year outlook thanks to strong sales of smartphones and servers, despite concerns of slowing demand due to rising inflation.

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NEEDHAM, MA – Global shipments for virtual reality (VR) headsets jumped 242% during the first quarter compared to the same period last year, according to new data from IDC.

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