EGHAM, UK – Due to the impact of the coronavirus on semiconductor supply and demand, worldwide semiconductor revenue is forecast to decline 0.9% in 2020, according to Gartner. This is down from the previous quarter’s forecast of 12.5% growth.
SCOTTSDALE, AZ – IC Insights’ global IC market forecast has turned negative, with the research firm now predicting a loss of 4% for the year. Prior to the industrywide coronavirus-driven shutdowns, the firm previously guided for 3% growth.
WESTWOOD, MA – Chase reported fiscal second quarter Adhesives, Sealants and Additives segment revenue declined 6% year-over-year to $24.4 million, as a result of certain reductions in North America and continued headwinds from Asia in the electronic and industrial coating product lines.