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Has the electronics market bottomed out?

By David Manners; ElectronicsWeekly (July 20, 2023)

The current slump in the electronics market began in 2021, says Semiconductor Intelligence, smartphone shipments versus a year earlier turned negative in 3Q 2021.

The smartphone market declines in 2020 were primarily due to COVID-19 related production cutbacks. The current smartphone decline is due to weak demand.

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