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Further growth forecasted in 2021, IDC said.
February 8, 2021
By: Anthony Locicero
Copy editor, New York Post
Despite the impact of COVID-19 on the global economy, the semiconductor market performed better than expected in 2020, fueled by the growth in cloud computing and demand for devices to support remote work and learning. Worldwide semiconductor revenue grew to $442 billion in 2020, an increase of 5.4% compared to 2019, according to the Semiconductor Applications Forecaster (SAF) from International Data Corporation (IDC). The DRAM and NAND markets also recovered after a poor 2019, gro...
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