Design Completions are expected to decline for the second year in a row

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    The number of design completions is expected to fall nearly 2% due to a challenging outlook for semiconductors in the second half of 2020. The semiconductor market started to recover nicely from the 2019 downturn finishing 1Q20 in positive territory. However, we expect the momentum to stall in the coming month due to the COVID-19 pandemic, which has thrown the world economy into a recession. We believe the impact of the global recession on the semiconductor industry will be more pronounced in the second half of the year as the positive impact of work-at-home in 1H20 subsides and the overall demand weakens. The number of design completions at 20nm and below will grow 20% while mainstream and trailing-edge designs (20nm and larger) will decline 6%

    - Design Completions V20.05