Market News

MILPITAS, CA – SEMI president and CEO Ajit Manocha supports amendments the US House of Representatives and Senate included in the 2021 National Defense Authorization Act that would authorize important programs to support semiconductor manufacturing and research in the US.

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SCOTTSDALE, AZ – After dropping 15% in 2019, the worldwide IC market is expected to show single-digit growth in 2020, even with the disastrous effects of Covid-19 on the global economy, according to IC Insights.

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MILPITAS, CA – Global semiconductor manufacturing equipment sales by OEMs are projected to increase 6% year-over-year to $63.2 billion in 2020 before logging record high revenue of $70 billion in 2021 on the strength of double-digit growth, SEMI said.

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FRANKFURT – The Covid-19 crisis has hit the German electronics industry hard in recent months, says ZVEI, but the mood has turned up of late as companies show signs of a rebound.

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SELBYVILLE, DE – The electronic skin market is expected to grow from $6 billion in 2019 to $16 billion by 2026, according to Global Market Insights.

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STAMFORD, CT – Worldwide PC shipments totaled 64.8 million units in the second quarter, a 2.8% increase year-over-year, according to Gartner. After a significant decline in the first quarter due to Covid-19-related supply-chain disruptions, the PC market returned to growth as vendors restocked their channels and mobile PC demand increased.

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