Semiconductor Market to Increase 7% in 2020

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           - Semiconductors - V20.08

    The Semiconductor market has been very resilient in 2020 driven by strong demand in data centers, 5G infrastructure build up, and the resurgence of PCs demand buoyed by the work-at-home economy. The demand in these markets has more than offset the weakness in other sectors like Automotive and Industrial. While the visibility for chipmakers has improved through Q4, overall conditions remain in-flux due to a second wave of COVID-19. The U.S.-China trade war is also another dark cloud that could result in supply and demand disruptions in 2H20 if it escalates further.

    Despite the ongoing uncertainties, we expect the semiconductor market to increase 7% in 2020.

    The semiconductor market was strong in 1H20. Visibility in 2H20 is improving, but risks remain. IC forecast upgraded to +7%.

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