2020/04/07 COVID-19 Impact on Semiconductors - Thematic Research
The COVID-19 outbreak is now travelling around the world, leaving a trail of destruction in its wake. This report discusses the impact of the virus on leading companies in the semiconductors sector.Scope
This report analyzes the impact of COVID-19 on the global semiconductors sector.
It identifies those companies that may benefit from the impact of COVID-19 over a 12-month period, as well as those companies that will lose out.
It includes a thematic screen, that ranks the 58 leading companies in this sector on the basis of overall leadership in the 10 themes that matter most to their industry, including COVID-19. This generates a leading indicator of future performance.
Key Highlights
In the space of three months, the backdrop for the semiconductor sector has changed, but long-term issues remain and must be solved. The industry entered 2020 amid slowing global economic growth, the rancor of the US-China trade war, a desire to shift the global supply chain away from dependence on China, and a flat sales picture for its two biggest customers: smartphone manufacturers and laptop suppliers.
The COVID-19 pandemic will shrink worldwide end-user demand for everyday products powered by semiconductors. COVID-19’s impact also means much of the industry is only operating at about 50% capacity, though China is moving again. At the same time, the global supply chain has stalled, exacerbated by COVID-19-related border checks that could last for months.
Reasons to buy
COVID-19 is by far the most significant theme to affect the technology industry in 2020. It is effectively a stress test on companies’ ability to cope with extreme shocks. COVID-19 will test the financial robustness of companies. Many companies will not survive this initial phase. Almost all others will suffer a significant drop in revenues. This report will help you understand the impact of COVID-19 on the semiconductors sector and identify which types of companies could potentially benefit from the impact of COVID-19, as well as those businesses that are set to lose out.
Companies mentioned
Intel
Alphabet
Amazon
Xilinx
Graphcore
STMicroelectronics
Alibaba
Cambricon
Texas Instruments
Qualcomm
TSMC
Tesla
IBM
NXP
Samsung Electronics
Nvidia
SK Hynix
Melexis
Microsoft
ASML Holding
Infineon
Renesas
Silicon Labs
Aixtron
Analog Devices
Apple
Micron
Mellanox
Rohm
Zeno
SMIC
Skyworks
Broadcom
AMD
Baidu
Teradyne
AMS
Softbank
On Semiconductor
MediaTek
Dialog
Maxim
Tokyo Electron
Nanya Tech
Vanguard
Ambarella
Microchip
Qorvo
Barefoot Networks
Cypress
Monolithic Power Systems
Cirrus Logic
Realtek Semiconductor
Diodes
Marvell
UMC
Silicon Motion
Himax
