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32 SMT Magazine • June 2016 U.S. Aerospace and Defense Industry Supported Almost 2.8 Million Jobs in 2015 The economic and employment contributions from the U.S. aerospace and defense industry are felt throughout the U.S. economy; increasing em- ployment, economic growth and local, state and federal tax revenues, according to a new study by IHS Inc. Smartphone Shipments Reached 292 Million Units in Q1 with iPhone Plunging 43.8% Global market research firm TrendForce reports that the worldwide smartphone shipments in the first quarter of 2016 totaled 292 million units, down 18.6% from the previous quarter and a year- on-year decline of 1.3%. Market for Organic Photovoltaic Panels will Reach over $355M by 2021 The market for organic photovoltaics used for building integrated photovoltaics, solar chargers and off-grid energy generation will exceed $355 million by 2021 and reach more than $580 million by 2025, according to a new report by industry analyst firm n-tech Research. IoT to Account for 28% of Wireless Connectivity IC Market by 2021 Smart home, beacon, wearable, and other na- scent IoT applications including energy manage- ment and smart cities are to propel the wireless IoT connectivity market forward, according to ABI Research. China's Flash Memory Capacity to Reach 590,000 Wafer Pieces by 2020 Chinese semiconductor companies are in the midst of building a globally competitive NAND Flash in- dustry and have accelerated their investments and deal-making in the related component and prod- uct chains. Global Smartphone Growth Goes Flat in Q1 According to the latest preliminary release from IDC's Worldwide Quarterly Mobile Phone Tracker, vendors shipped a total of 334.9 million smart- phones worldwide in the first quarter of 2016, up slightly from the 334.3 million units in 1Q15, marking the smallest year-over-year growth on re- cord. Global Robotics Market to Reach $53.22B by 2020 The global robotics market was $25.69 billion in 2014 and is estimated to reach $53.22 billion by 2020, growing at a CAGR of 12.91% for the pe- riod. IoT 2016 Merger & Acquisition Activity Off to a Fast Start According to Strategy Analytics, there were nearly two dozen major mergers and acquisitions in the Internet of Things (IoT) and related market seg- ments including Big Data Analytics, connectivity and wireless markets in the first four months of 2016. 2015 Semiconductor Photomask Sales Reach $3.3B SEMI reports that the worldwide semiconductor photomask market was $3.3 billion in 2015 and is forecasted to reach $3.4 billion in 2017. Cumulative Wi-Fi Chipset Shipments to Reach Over 20 Billion by 2021 Market analyst ABI Research anticipates more than 20 billion Wi-Fi chipsets to ship between 2016 and 2021. Electronics Industry News Market Highlights

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