Based on still preliminary (actual plus estimated company financials) data, world electronic equipment shipments were down 1.8 percent in the third quarter versus Q3 2019, but up 15 percent in versus Q2.The recent downturn appears to have bottomed in the second quarter as growth has resumed (charts 1 & 2). The turnaround is quite obvious in the 3/12 growth curve of global electronic sales (chart 3). Comparing composite regional to company financial sales growth gives similar findings (chart 4).
https://i0.wp.com/mtgelectronics.com/wp-content/uploads/2020/11/shutterstock_1761250652-scaled.jpg?fit=2560%2C1707&ssl=1 1707 2560 admin https://mtgelectronics.com/wp-content/uploads/2021/03/MTG-logo-for-site-300x100-1.png admin2020-11-10 09:08:192021-03-01 18:06:59Could the Downturn Have Bottomed Out in Q3?
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