Macroeconomic Impact of the Coronavirus: A new perspective...

    The Chip Insider®
    April 24, 2020 — Strategy and Tactics: Macroeconomic Impact of the Coronavirus: A new perspective. WildPhotons: There are no ...
    G. Dan Hutcheson
    Summaries:
    Macroeconomic Impact of the Coronavirus: A new perspective... Back in the early phases of the Coronavirus I was optimistically convinced our industry would be driven into a "V" recovery based on the U.S. government's response. The government did act along the lines of General George S. Patton's advice that "A good plan, violently executed now is better than a perfect plan tomorrow." More recently that bright view has darkened as the definition of a pessimist being an optimist with experience became me. The problem is that few, if any, of the plans were violently executed and as John Doerr once said, "Execution is Everything." However, there has been a lack of execution that has been on multiple levels...

    Too-small-to-fail: In contrast to the 'too-big-to-fail' banking crisis of 2008-10 crisis, this time it's an amorphous group of small businesses and the many people they hire. The longer businesses are separated from their employees, the longer it will take to restart the economy. So, the 'V' anticipated a few months ago is already turning into a 'U' and may well become an 'elongated U.' An eU would mean the slowdown in the semiconductor industry would spread into an unprecedented third year...

    Coronavirus Semiconductor Sales Watch: It's been 11 weeks since the WHO declared the COVID-19 emergency. Over that time, the impact on the semiconductor industry was initially a classic shortage response, with prices soaring. Then demand evaporated as the market figured out this was no instantaneous hit like the Sendai Earthquake and that there would be few limitations on production out of wafer fabs. This reversed when the market learned production was being constrained by shutdowns of Asia-based test and packaging capacity due to quarantines in those areas. What emerged was a very volatile greed-fear cycle, as unit buys swung between inventory investing and divesting ranges. After 11 weeks, IC sales are within a ... units and prices are ... The depth of the ... drop is similar to the 2009 H1N1 Swine Flu...



    weVISION Videos: COVID-19 & the Semi Value Chain with Risto Puhakka. Coronavirus impact on the semi value chain with Andrea Lati. weVISION Videos are available as downloadable podcasts on VLSI's Smartphone app.
          "Execution is Everything" — John Doerr
          "A good plan, violently executed now is better than a perfect plan tomorrow"
    — General George S. Patton