0
General

Semiconductor revenue to fall over 7% in 2019 and rebound in 2020

Thursday 16 May 2019 | 14:48 CET | News

FREE webinar by Telecompaper on the Trends and Developments in the Dutch Telecoms market 2019Q2. Thursday 26th September at 15:00. Register now!

Global semiconductor revenues will fall this year after three years of growth, to then recover in 2020 when oversupply issues get resolved, the latest study from IDC revealed. The semiconductor market will decline 7.2 percent year-on-year in 2019 to USD 474 billion, pulled down by the oversupply of automotive, mobile phones and cloud infrastructure as well as weak demand from China. It will then recover next year and reach USD 524 million in 2023. The compound annual growth rate for 2018-2023 will amount to 2.0 percent.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Intel
Countries: World
::: add a comment
This article is part of dossier

5G

,

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Semiconductor sales fall another 14.5% in H1

Published 06 Aug 2019 14:51 CET | World
Worldwide semiconductor revenues declined by 16.8 percent year on year to USD 98.2 billion in the second quarter of 2016 and by ...

Global server market revenue up 4.4% to USD 19.8 billion in Q1 - IDC

Published 06 Jun 2019 11:56 CET | World
Vendor revenue in the global server market was up 4.4 percent year-on-year to USD 19.8 billion in Q1 2019, according to IDC's ...

Global semiconductor sales to contract 2% to USD 459 bln in 2019 - study

Published 24 May 2019 10:45 CET | World
Global semiconductor revenues will fall to USD 458.5 billion this year, down around 2.2 percent year on year, in what will be the ...

Semiconductor revenue up 8% to USD 450 bln in 2018

Published 22 May 2018 15:21 CET | World
Worldwide semiconductor revenue is forecast to grow for the third consecutive year in 2018 to USD 450 billion, up 7.7 percent ...