Forecast: Semiconductor Capital Spending, Worldwide, 1Q20 Update
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Summary
Based on Gartner’s current global recession scenario due to the COVID-19 pandemic, spending in 2020 will decline by 13.8% to reach $85.6 billion following a 3.6% decline in 2019. As the world economy recovers and supply and demand picks up, recovery is expected in 2021 by 6.4%.
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