Electronics Industry Outlook August 5, 2020
Here is my initial, very preliminary estimate of second-quarter world electronic equipment and supply chain revenue growth:Electronic equipment sales declined 9.6 percent globally in Q2 2020 versus Q32 2019 (chart 1)Most electronic equipment sectors contracted (chart 2) with automotive down the most; semiconductor devices and their related capital equipment were more resilientPassive component shipments contracted 6 percent (chart 3)Combined EMS and ODM revenues grew 5.5 percent thanks to ODM strength in Asia (chart 4)Seven large domestically-based EMS companies had a combined 7 percent sales decline in Q2 2020 versus Q2 2019 (chart 5)
Source: Some Signs of Growth in the Industry | Weekly Global Update for August 5, 2020 | TTI, Inc.