News
NEEDHAM, MA – PC shipment volumes grew 12.9% in 2020, says International Data Corp. This momentum is expected to carry forward into 2021. IDC forecasts 18.2% growth for the traditional PC market, with shipments reaching 357.4 million this year. IDC's outlook remains stronger than historical levels with a CAGR of 2.5% for the 2020-2025 forecast period.
NEEDHAM, MA – Smartphone shipments are forecast to grow 13.9% year-over-year in the first quarter and 5.5% for the full year 2021, according to International Data Corp. This growth will be driven by continued recovery in demand and a supply-side push of 5G devices. IDC expects the global smartphone market to deliver a CAGR of 3.6% over the 2020-2025 forecast period.
WOKING, UK – TT Electronics posted 2020 adjusted revenue of £431.8 million (US$601.8 million) down 9.7% year-over-year.
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