Market Watch
EDITED by CHELSEY DRYSDALE
Computers Boot Up

Trends in the U.S. electronics equipment market (shipments only).

%CHANGE
JUL.
AUG.
SEP.
YTD%
Computers and electronics products
4.1
0.5
1.2
2.9
Computers
-2.8
-0.7
3.3
-10.1
Storage devices
2.9
-1.3
-7.4
34.5
Other peripheral equipment
23.7
3.0
-9.2
8.6
Nondefense communications equipment
9.2
1.7
2.8
9.4
Defense communications equipment
-3.8
6.2
-5.1
4.0
A/V equipment
10.7
-3.0
2.8
-9.3
Components1
4.5
0.7
-0.7
9.5
Nondefense search and navigation equipment
1.2
-0.8
-1.1
-5.9
Defense search and navigation equipment
1.7
-3.2
2.6
2.5
Medical, measurement and control
1.2
2.8
0.5
-1.9
rRevised. *Preliminary. 1Includes semiconductors. Seasonally adjusted. Source: U.S. Department of Commerce Census Bureau, Nov. 3, 2020
Metals Index
LME Tin Graph
LME Lead Graph
LME Copper Graph
Comex - Silver Graph
Hot Takes
  • Taiwan’s PCB industry output in 2021 is expected to grow 2-3% to NT$690 billion (US$24 billion) because of 5G. (TPCA)
  • Worldwide silicon wafer area shipments rose 6.9% year-over-year but were down 0.5% sequentially to 3,135 million sq. in. in the third quarter. (SEMI)
  • Global tablet shipments rose 24.9% year-over-year to 47.6 million units in the third quarter. (IDC)
  • Worldwide smartphone market shipments declined 1.3% year-over-year in the third quarter. (IDC)
  • Global notebook shipments are forecast to rise at a CAGR of 0.9% from 2020 to 2025. (Digitimes Research)
  • Singapore’s factory output expanded 24.2% year-on-year in September on growth in semiconductor production. (Economic Development Board)
  • Tin use contracted 5.4% in 2019 to 359,200 tonnes and is expected to decline a further 5.9% in 2020 because of the Covid-19 pandemic. (ITA)
  • The AR headset market will grow to over $20 billion by 2030. (IDTechEx)
  • Global shipments of PCs (desktops, notebooks, and workstations) rose 14.6% year-over-year to 81.3 million units in the third quarter. (IDC)
  • PC memory chip and device supplies are falling short of demand, with the tight supply unlikely to ease until the first quarter 2021. (DigiTimes)
  • Companies are rushing to use AI, but few see a payoff, with only 11% reaping a “sizable” return on their investments. (Boston College)
US MANUFACTURING INDICES
JUN.
JUL.
AUG.
SEP.
OCT.
PMI
52.6
54.2
56.0
55.4
59.3
New orders
56.4
61.5
67.6
60.2
67.9
Production
57.3
62.1
63.3
61.0
63.0
Inventories
50.5
47.0
44.4
47.1
51.9
Customer inventories
44.6
41.6
38.1
37.9
36.7
Backlogs
45.3
51.8
54.6
55.2
55.7
Sources: Institute for Supply Management, Nov. 1, 2020
Key Components
 
MAY.
JUN.
JUL.
AUG.
SEP.
Semiconductor equipment billings1
13.5%
14.4%
26.7%
32.5%r
40.3%p
Semiconductors2
4.82%
4.9%
4.23%
4.94%r
5.79%p
PCBs3 (North America)
1.10
1.12
1.00
0.94
0.93
Computers/electronic products4
5.44
5.44
5.28
5.22r
5.18p
Sources: 1SEMI, 2SIA (3-month moving average growth), 3IPC, 4Census Bureau, ppreliminary, rrevised