ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
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.

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