NEEDHAM, MA – Shipments of smartphones will decline 1.1% in 2023 to 1.19 billion units, down from the previous forecast of 2.8% growth as the market continues to suffer from weak demand and ongoing macroeconomic challenges, according to the International Data Corporation's latest Worldwide Quarterly Mobile Phone Tracker forecast.

HONG KONG – ASMPT reported revenue of HK$4.33 billion ($553.1 million) for the fourth quarter, a decline of 5.1% from the previous quarter.

TAIPEI – Foxconn Technology Group has leased a 293-acre plot of land to build new smart warehouses in Zhengzhou, the same Chinese city where the company operates the world's largest iPhone plant.

REDMOND, WA – Data I/O announced net sales of $7.3 million in the fourth quarter, up 14% compared to the $6.4 million in sales in the fourth quarter of 2021.