ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

Global semiconductor market to shrink 12% in 2019: trade group

Outlook downgraded as US-China trade war eats into demand

Semiconductor wafers are processed at a facility in Germany.   © Reuters

TOKYO -- The global market for semiconductors will contract 12.1% to $412 billion this year, an industry group forecast Tuesday, amid growing economic uncertainties from such factors as the U.S.-China trade war.

In its previous report last autumn, World Semiconductor Trade Statistics had predicted 2.6% growth for 2019.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more