The semiconductor industry, which has historically been a major source of high-tech jobs, is among the many sectors that have had to adjust their production planning and operations as COVID-19 shifts demand for major semiconductor end applications. In addition to exploring the impact of such changes on semiconductor demand, this article provides insights about the industry’s evolution post-crisis and outlines how semiconductor leaders should prepare themselves for the next normal.
This article aims to provide guidance on how semiconductor demand will shift in the short- and mid-term—taking into account extensive surveys, research on the recovering Chinese market, and global GDP projections.
Breaking down the projection by major end markets—PC or server, wireless communication, wired communication, consumer electronics, automotive, and industrial applications—shows that demand shifts vary greatly, with steep declines anticipated for some markets and gains expected in others.
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https://www.mckinsey.com/industries/semiconductors/our-insights/coronavirus-implications-for-the-semiconductor-industry
