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Philippines Tablet Market Slows Down in 1Q23 Declining 26.6% AnnuallyJune 6, 2023 | IDC
Estimated reading time: Less than a minute
According to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, the Philippines tablet market both declined 26.6% year over year (YoY) and 46.7% quarter over quarter in 1Q23.
“It has been two years since quarterly tablet shipments have dropped below two hundred thousand units, a pattern concurrent to the Philippines smartphone market which hit a 3-year low in the same quarter,” says Angela Medez, Client Devices Senior Market Analyst at IDC Philippines.
IDC expects annual tablet shipments to be back to pre-pandemic levels below 1 million units beginning in 2023 now that commercial segment have slowed down as procurements among DepEd Divisions and Local Government Units (LGU) have tapered off.
Global semiconductor equipment billings contracted 11% year-over-year to US$25.6 billion in the third quarter of 2023, while quarter-over-quarter billings slipped 1% during the same period, SEMI announced today in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.
New Energy Collaborative Aims to Accelerate Creation of Low-Carbon Energy Access in Asia-Pacific for the Semiconductor Climate Consortium12/01/2023 | SEMI
Aiming to reduce global semiconductor ecosystem carbon emissions, SEMI and the Semiconductor Climate Consortium (SCC) have created the Energy Collaborative (EC) to understand and clear roadblocks to the installation of low-carbon energy sources in the Asia-Pacific region.
Hyundai Mobis is poised to secure new orders for premium vehicle displays, characterized by large screens, high definition, and slim design, using a fusion of innovative technologies targeting global automakers.
Hi Sharp, a leading maker of video surveillance systems, is globally announcing its expansion into AI and cloud-based technologies for video capture.
Global TV Shipments to Fall Below 197 Million Units for the First Time in 2023, Slight Growth of 0.2% Expected in 202411/29/2023 | TrendForce
TrendForce’s latest research indicates that despite a decrease in the CPI in Europe and the US this year, consumer budgets are still constrained due to the current high-interest-rate environment, and the real estate bubble in China has suppressed TV demand. Moreover, a significant increase in TV panel prices this year has led brands to scale down promotional events.