Passive Components: Expect a “V-Shaped” Recovery 

The following GDP forecast by world region suggests a tough road ahead for the U.S. and European economies. Asian regions will grow out of the situation at a faster rate than other regions, but the overall outlook for near-term GDP is challenging (see Figure 1).

Source: Passive Components: Expect a “V-Shaped” Recovery | TTI, Inc.

Taiwan Passive Components Makers Report Impressive May Results

Passive components makers have reported significant sales results for May despite the long Labor Day holiday in China cutting work hours, with Yageo’s revenues of NT$4.486 billion (US$149.53 million) for the month rising 1% sequentially and almost 40% on year, according to industry sources.

Source: Taiwan Passive Components Makers Report Impressive May Results – Passive Components Blog

Global semiconductor sales down 1.2% in April 2020

Global semiconductor sales in April 2020 were USD 34.434 billion, up 6.1% versus the same month in 2019, says the European Semiconductor Industry Association (ESIA). Looking at monthly data, sales in April went down 1.2% versus the previous month, as the economic slow-down caused by the COVID-19 pandemic affects the semiconductor market.

Source: Evertiq – Global semiconductor sales down 1.2 percent in April 2020

Global Electronics Update for June 3, 2020

Most companies have now reported their first quarter financials, including all the large ones in our survey: When consolidated in U.S. dollars, world electronic equipment sales of 213 OEMs declined 6.7 percent in Q1 2020 versus Q1 2019 (chart 1) Chart 2 shows electronic sector growth in Q1 2020 versus Q1 2019. Compare these large first quarter 2020 declines to the prior quarter (chart 3)

Source: Growth Expected in Servers, Wearable Devices | Weekly Global Update for June 3, 2020 | TTI, Inc.