Published: 26 February 2020
ID: G00720123
Analyst(s): Gaurav Gupta , Andrew Norwood , Roger Sheng , Jon Erensen , Ben Lee , Masatsune Yamaji
COVID-19 has distorted supply chain and manufacturing operations in China. It has led to a drastic drop in consumer spending on smartphones and PCs across China, resulting in lower worldwide semiconductor revenue for 2020 by $10.8 billion and the annual growth rate being revised from 12.5% to 9.9%.
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