Press Room
Global Semiconductor Market Expects 1.2% Year-on-Year Growth in 2020 Amid COVID-19: MIC
June 01, 2020

Amid COVID-19 pandemic, it is anticipated the global semiconductor market will still grow 1.2% year-on-year in 2020 although it may face a one-to-two quarter delay in demand recovery, according to MIC (Market Intelligence & Consulting Institute), a government think tank and IT research institute in Taipei. Coupled with the ongoing US-China trade war, this year is going to be the most challenging year for the IT industry to gain growth, despite the rising demand for 5G and high performance computing products

Taiwan Semiconductor Industry Shipment Value by Sector, 2011-2020

Source: MIC, May 2020

Take a look at the upcoming webinar sessions and register for those you are interested in attending. Although the first three sessions are free, registration is still required. Additional information regarding each session can be found in our Event page (only in Mandarin)

Once you have registered, you will receive a link to the registered session that can be accessed by your computer, your smartphone or tablet, and the first three sessions (two panel discussions and one COVID-19 session) are free from June 1 - 10.

To know more about this topic, please visit:  2018-2019 Recap and 2020 Forecast for the Semiconductor Industry, Recap and Outlook of Worldwide OSAT Industry in 2020 (pre-order), The Taiwanese Fabless IC Industry, 1Q 2020, Development of the Global Semiconductor Foundry Industry, 2018-2019 (pre-order)

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About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry