ATLANTA – The electronic component sales sentiment declined by 1.9 points in April, marking the second consecutive month of slightly lower results, but the outlook for May is considerably higher in the ECIA's monthly Electronic Component Sales Trend (ECST) survey.

GLENVIEW, IL – ITW announced $703 million in first-quarter revenue for its Test & Measurement and Electronics segment, marking a 5.6% increase from the first quarter of 2022.

SHANGHAI – Universal Scientific Industrial Shanghai reported revenue of 13 billion yuan ($1.88 billion) in the first quarter, a decrease of 6.78% from the same quarter of last year.

STAMFORD, CT – Global semiconductor revenue is projected to decline 11.2% in 2023, according to the latest forecast from Gartner, Inc. In 2022, the market totaled $599.6 billion, which was marginal growth of 0.2% from 2021.