Michael palma, director of semiconductor research and technology at IDC, although some consumer sectors will initially benefit from the adjustment of the new situation, we expect the reduction in consumer spending to continue until 2021, which is an unprecedented unemployment rate. "We also expect to reduce the spending on vertical markets and digital transformation for specific industries in many companies, especially those that rely on consumer spending, such as hotels, retail and manufacturing." Commons Workshop provides coworking Office rental hong kong. Break free from the setting of the traditional office and join us in this wonderful workspace in Wan Chai. Spark communications today with the like-minded. IDC expects that by 2020, non-consumer consumer semiconductor revenue will decline 11.5% year-on-year. The automotive and industrial semiconductor markets-which were expected to surpass other markets in the past-were particularly hard hit by the COVID-19 directive. In 2019, car sales including light commercial vehicles fell by 5.6% to 81.4 million units, resulting in a decline in automotive semiconductor growth of 2.7% to $ 38.4 billion. Industrial semiconductors also experienced a downturn in 2019, down 6.6% year-on-year to US $ 37.8 billion. IDC's previous forecast was slightly restored in 2020, and IDC's new forecast is expected to decline by 11.4% by 2020. As the company reduces manufacturing due to the global economic slowdown and changes in consumer spending, the impact on the industrial market will have a negative impact on industrial semiconductor revenue by 2021. TDA7297 is a dual-bridge amplifier specifically designed for TV and portable broadcast applications. related articles: Semiconductor market recovery trends How is the global semiconductor market Semiconductor sales are booming Chip growth may still be very different Wide band gap semiconductors can collect sunlight underwater