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Overall Semiconductor Industry Performance in Q1 of 2020

The impact of pandemic COVID-19 has represented slump and challenges for the semiconductor industry. Though the medical and healthcare demand has increased and semiconductor players are relying on these segments to mark new growth, on the other hand, other sectors have stalled growth.

Industry Earlier this year, the U.S.-based Semiconductor Industry Association (SIA) reported Global sales of semiconductors picked 5% year-on-year in February to US$34.5 billion from US$32.9 billion previously.

Now in the latest report from United States-based industry group, global sales of semiconductor equipment saw significant fall accounting 7% to US$59.80 billion in 2019.

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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