Global electronic equipment revenues grew an estimated 1.2% in the first quarter of 2015 vs. the same quarter in 2014. This compares to 4.2% q/q growth in the prior quarter. Electronic equipment growth clearly slowed early this year.
Growth by sector of the 1Q’15 global supply chain varied significantly by product group. Smartphones (thanks to Apple’s high share and very high average iPhone selling prices) drove the communication sector’s lofty growth where many electronic equipment categories struggled.