Semiconductor Equipment Weather Report: April 13, 2020
Bracing for a rocky road ahead
Order activity for semiconductor equipment leveled off in the second week of April, hovering at 58 degrees
Although chipmakers and equipment suppliers are expected to post solid results in Q1, the outlook for the remainder of the year remains challenging as the impact of COVID-19 weighs on the demand side
The supply chain has been hoarding inventories in Q1 amid fears of supply disruption that occurred earlier in China
Overall demand is expected to drop in the coming months due to ongoing global recession and double ordering
The Chip Price Performance Index (CPPI) continued to warn