Memory and embedded MPUs will show improvement in 2020
The exceptional turnaround in the market for NAND flash memories and a forecast year-on-year market growth of 27 percent, the overall IC market will show 3 percent growth, the market researcher predicts.
The 33 IC product categories are those defined by the World Semiconductor Trade Statistics organization (WSTS).
NAND flash, DRAM, computer CPU, and embedded MPUs show improvement for 2020, although the firm states that both consumers and businesses are moving forward cautiously with system purchases.
The July-September quarter of each year is usually the strongest for IC sales growth as consumer electronics manufacturers fill supply chains and then make equipment for sales in November through February. This has become a consumer buying season starting with Black Friday sales the day after Thanksgiving and extending through Christmas and Chinese New Year holidays the following January or February.
However, this year due to Covid-19 the third quarter could be flat with the second quarter as vendors cope with inflated inventories and dropping demand.
Next: Gainers and losers in 33 product categories
Chip product categories ranked by 2020F growth rates. Source: IC Insights Inc.
Related links and articles:
News articles:
- Americas chip market climbs as Europe hit by pandemic
- Pandemic set to drive chip market down 6 percent in second quarter
- Foundries sales stay strong in July
- MEMS market decline in 2020 includes options for long-term growth
Other articles on eeNews Europe
- TI sees pandemic bounce back
- Chip makers see recovery for full year
- UK distribution market sees small decline for H2
- ST sees Q3 recovery
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
