The Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) has revised slightly upwards its industry growth outlook for this year but is still in negative territory to reflect the impact of the Covid-19 pandemic.
Integrated Micro-Electronics Inc. (IMI) booked $476 million in revenues in the first half of 2020 as plant shutdowns in various operating regions significantly affected financial results.
Conditions in the global semiconductor market have deteriorated rapidly since the start of the year, with research firm IHS Markit slashing its 2019 growth outlook by more than 10 percentage points.
Samsung Electronics, Intel, and SK Hynix continued to lead the semiconductor market in Q2 2018
Semiconductor industry performance was negatively affected by the declining sales and first-quarter seasonality in the wireless communications market.