By David Manners from electronicsweekly, May. 27, 2020 –
WSTS reported a decline of 3.5% for the semiconductor market in 1Q 2020. Guidance for 2Q 2020 revenues shows continued caution. Most companies expect a decline in 2Q 2020 revenues from 1Q 2020.
The range of 2Q 2020 guidance is wide. Low end 2Q 2020 guidance from Qualcomm, Texas Instruments, STMicroelectronics and NXP Semiconductors ranges from -14% to -22%.
The upper end guidance for these companies ranges from -7% to -0.3% and the midpoint guidance averages -10.5%.