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IDC: COVID-19 to Have Significant Effect on Worldwide Semiconductor Market in 2020

There is nearly an 80% chance for significant contraction in worldwide semiconductor revenues in 2020, per the report.

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By: Anthony Locicero

Copy editor, New York Post

The Coronavirus Disease 2019 (COVID-19) is affecting China and is spreading within East Asia and into Europe and North America. In addition to the human cost of life, the impact of the spread of the virus on the global economy is only beginning to be appreciated and has deep implications for the world’s technology supply chain. A new International Data Corporation (IDC) report, Impact of COVID-19 on the Worldwide Semiconductor Market Forecast (IDC #US46115520), provides IDC’s view o...

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