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Electronic Component Manufacturers Face Lengthy Recovery from COVID-19

Electronic Component Manufacturers Face Lengthy Recovery from COVID-19
COVID-19 has caused severe disruption among electronics manufacturers, presenting consumer electronics and the automotive industry with a challenging year ahead, according to GlobalData, a leading data and analytics firm. In a fresh report, analysts disclose that economic shutdowns, which started in China and extended across the globe, have significantly impacted supply chains and may delay the prototyping and production of new products as a consequence. This is further compounded as new car purchases, including electric vehicles, are now unlikely to be a priority for businesses and consumers, amid the economic uncertainty resulting from the pandemic. One of the global electronic...

Electronics Now Account for 40% of a Car’s Cost

Electronics Now Account for 40% of a Car’s Cost
As the comfort and safety levels in cars have constantly improved over time, so have the electronics they carry. Cars are evolving into computers on wheels, and this is driving up their cost; a recent study reveals that electronics now make up 40% of a vehicle’s price tag. According to a new Deloitte analysis, the automotive industry has changed dramatically since 2004, when only 25% of cars had airbags, and less than 50% had power seats. The volume of electronic components in vehicles has significantly increased since then, largely owing to safety regulations. The report notes in particular that 2004...

Pandemic Stalls Global Chip Sales

Pandemic Stalls Global Chip Sales
Earlier this month, the Semiconductor Industry Association (SIA) announced that February 2020 saw global semiconductor sales reach $34.5 billion, presenting a 2.4% decline on January 2020 sales, but an increase of 5% on February 2019 which saw sales of $32.9 billion. Monthly sales figures are recorded by the World Semiconductor Trade Statistics (WSTS) organisation and represent a rolling three-month average. The SIA represents semiconductor manufacturers, designers and researchers, with members accounting for approximately 95% of US semiconductor sales and a large growing share of sales from non-US firms. "Global semiconductor sales in February were solid overall, outpacing sales from last...

Chip Industry Suffers the Worst Slump in 2 Decades

Chip Industry Suffers the Worst Slump in 2 Decades
Last year, the semiconductor industry suffered its worst downturn since the dot-com bubble burst in 2001, causing industry sales to plunge by 32%. According to the Semiconductor Industry Association (SIA), 2019 was the industry’s worst annual slump in nearly two decades, with a 12.1% year-on-year drop in revenue to $412.1 billion. “Amid a confluence of factors, including ongoing global trade unrest and cyclicality in product pricing, worldwide sales of semiconductors were down considerably in 2019, falling 12% year-to-year,” commented John Neuffer, president and CEO of the SIA. Q4 2019 showed more promise, with a slower rate of decline in comparison...

TSMC Forecasts 17% Sales Growth in 2020

TSMC Forecasts 17% Sales Growth in 2020
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has announced that 2020 will see its consolidated sales increase by 17% year-on-year. During an investors conference, watched closely by the equity markets at home and abroad, TSMC’s chief executive officer, CC Wei, said that he predicts the company will benefit from higher demand this year for smartphones, high performance computer devices, automotive electronics, and the Internet of Things related applications. TSMC expects that its advanced 7 nanometer process, the latest technology which the chipmaker has started mass producing, will continue to make a significant contribution to the company’s sales...

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