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Worldwide semiconductor revenue rebounds in 2020: Gartner - The Hindu BusinessLine


January 14, 2021
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Up 7.3% to $449.8 bn y-o-y; Intel led the market, followed by Samsung Electronics, SK Hynix, Micron, Qualcomm
Worldwide semiconductor revenue rebounded in 2020 reaching $449.8 billion, according to preliminary results by Gartner, Inc.
Revenues rebounded in 2020, up 7.3 per cent from 2019, as per the report.
“In early 2020, the expectation was that Covid-19 would have a negative impact across all end equipment markets, but the actual effect was more nuanced,” said Andrew Norwood, research vice president at Gartner.
“Automotive, industrial and some areas of the consumer market were hit hard by reduced enterprise and consumer spending. However, lockdowns vastly increased work from home and e-learning, and any markets that facilitated those activities benefited,” Norwood said. ....

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